Benchmark joins US$75m funding round in China’s Manus AI – report

As the global race for agentic AI heats up, US venture capital company Benchmark is the latest to invest in China’s Manus AI, says Bloomberg Silicon Valley venture capital firm Benchmark has joined other investors in a new US$75m funding round that would value the Chinese AI firms at US$500m. It comes at a time when the annual Standford AI index last week pointed to rising quality and competition from China’s AI players. Manus AI is aiming to replace everyday tasks with AI agents, a burgeoning part of the AI market. “While the US maintains its lead in quantity, Chinese…