Chinese AI startup Manus reportedly gets funding from Benchmark at $500M valuation

Chinese startup Manus AI raised $75 million in a funding round led by Benchmark Capital, valuing the company at around $500 million. The funds will enable the company to expand its operations into new markets like the U.S., Japan, and the Middle East. Previously, Manus had secured over $10 million from backers including Tencent and HSG. The company, known for its AI agent capable of performing various tasks, faced some criticism after TechCrunch's testing revealed subpar performance in certain areas.