Topics
Latest
AI
Amazon
Image Credits:Chip Somodevilla / Getty Images
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
ironware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
inauguration
TikTok
Transportation
speculation
More from TechCrunch
event
Startup Battlefield
StrictlyVC
Podcasts
video
Partner Content
TechCrunch Brand Studio
Crunchboard
touch Us
Manus AI is one of the hottest AI agent startups around , of late raising $ 75 millionat a half - billion - dollar rating in a round led by Benchmark .
But two unnamed sourcestold Semaforthat the investment is now under follow-up by the U.S. Treasury Department over its obligingness with 2023 restriction on investing in Chinese companies .
Benchmark ’s lawyers reset the investment because Manus is n’t technically develop its own AI models , but is or else a “ wrapper ” around existing ones , Semafor reported .
Those attorney also conclude Manus is not China - based since it ’s incorporate in the Cayman Islands . ( That ’s a unwashed construction used by Taiwanese company , like Alibaba , to get at foreign capital . )
Benchmark has attracted critique for its Manus investment from Founders Fund partner Delian Asparouhov , who posted on X “ wow , actions have consequences ? ” .
wow , action have consequences?im hearing about this for the first timehttps://t.co/lTIcRByz5w
Benchmark , Manus , and Treasury did n’t immediately answer to request for comment .