China's Manus AI Emerges as White-Collar Taskmaster

Within just a week of its March launch, Manus had already amassed a waitlist of two million users
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
A new AI platform named Manus is turning heads in the global tech community for its ability to handle tasks traditionally performed by white-collar professionals. Developed by Beijing-based startup Butterfly Effect, Manus AI has moved beyond its invite-only model, opening to the public after a successful funding round and rapid user adoption.
Within just a week of its March launch, Manus had already amassed a waitlist of two million users. The platform, now offering 1,000 free credits for new users and 300 credits daily for free accounts, aims to rapidly expand its user base in an increasingly competitive AI market.
Manus is designed as an agentic AI model—capable of perceiving, reasoning, and acting independently, built using Anthropic's Claude and Alibaba's Qwen models. It can perform tasks such as trip planning, overseas relocation research, and financial statement analysis within seconds. With integration capabilities across various applications, Manus can also automate emails, provide customer support, offer voice recognition, generate content, and deliver personalised recommendations.
The platform's momentum was further bolstered by a USD 75 million funding round led by US-based Benchmark Capital, valuing Butterfly Effect at USD 500 million. This positions the company among China's most promising AI startups since the emergence of DeepSeek AI.
In a move that underscores its ambitions, Butterfly Effect has also entered a strategic collaboration with Alibaba Cloud to develop general-purpose AI solutions, setting the stage for Manus to become a key player in the global AI race.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

25 minutes ago

• Yahoo

WTO grants Chinese request for panel on Canadian tariffs, trade official says

BERLIN (Reuters) -The dispute settlement body of the World Trade Organization (WTO) has agreed to a request from China for a panel regarding additional import duties imposed by Canada on certain Chinese products, a Geneva-based trade official said on Monday. (Writing by Friederike HeineEditing by Ludwig Burger)

Yahoo

26 minutes ago

• Yahoo

Nio (NIO) Could Climb 33% as Goldman Sachs Lifts Rating and Price Target

Goldman Sachs upgraded Chinese electric vehicle maker Nio (NIO, Financials) to Neutral from Sell and raised its 12-month price target to $3.80 from $3.70, citing recent cost-cutting measures and a decline in share price. The updated target implies a potential upside of about 9% from current levels. Warning! GuruFocus has detected 3 Warning Signs with NIO. Goldman Sachs analyst Tina Hou noted that Nio's efforts to reduce operating expenses by 20%25%including project cancellations, staff reductions, and streamlined operationscould support margin improvement of 4%10% over the next three years. Nio has faced challenges, including widening losses, a 21% year-to-date share price drop, and heightened competition from Tesla (TSLA, Financials) and BYD. Despite the upgrade, Goldman Sachs remains cautious. It cited weak demand, a high debt load, and reduced delivery expectations as ongoing risks. Nio's cash and investments declined from $5.7 billion to $3.6 billion in Q1 2025, underscoring balance sheet concerns. Wall Street maintains a Hold consensus on Nio stock, with two Buy, seven Hold, and one Sell ratings over the past three months. The average analyst price target is $4.58, suggesting a 33% upside. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Yahoo

30 minutes ago

• Yahoo

51Talk Online Education Group to Present at the Small Cap Growth Virtual Investor Conference June 26th, 2025

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at SINGAPORE, June 23, 2025 (GLOBE NEWSWIRE) -- 51Talk Online Education Group (NYSE American: COE), based in Singapore, focused on global online education, today announced that David Chung, the Company's investor relations vice president, will present live at the Small Cap Growth Virtual Investor Conference hosted by on June 26th, 2025. DATE: June 26th, 2025TIME: 9:30 a.m. EDTLINK: REGISTER HERE Available for 1x1 meetings: June 26th, 2025 This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at Recent Company Highlights Gross billings for the first quarter of 2025 were US$21.9 million, a 74.6% growth from the first quarter of 2024. Net revenues were US$18.2 million for the first quarter of 2025, a 93.1% increase from US$9.4 million for the first quarter of 2024. The number of active students with attended lesson consumption was approximately 81,100 in the first quarter of 2025, representing a 75.5% increase from approximately 46,200 for the first quarter of 2024. About 51Talk Online Education Group 51Talk Online Education Group (NYSE American: COE) is a global online education platform with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students to take live interactive English lessons, on demand. The Company connects its students with a large pool of highly qualified teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students. About Virtual Investor Conferences®Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS:51Talk Online Education GroupDavid ChungInvestor Relations Vice President davidchung@ WangInvestor Relations Managerwangjinling@ Virtual Investor Conferences John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data