This Week in Startups

China Kills Meta / Manus Deal (Story Of The Year) | E2281

45 snips
Apr 28, 2026
China’s move to block Meta’s Manus deal takes center stage, with big questions around AI sovereignty and rising US-China tension. There’s also a fresh look at the OpenAI-Microsoft reset and what it means for cloud power. Then the conversation turns dark with a shocking self-driving car video and fears of a robotaxi backlash.
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INSIGHT

Why Microsoft Let OpenAI Open The Relationship

  • Jason Calacanis argues Microsoft relaxed OpenAI exclusivity because its 27% stake could be worth hundreds of billions, dwarfing near-term resale economics.
  • He frames the renegotiation as Microsoft maximizing OpenAI's ceiling while capping rev-share uncertainty and avoiding AGI-triggered lawsuits.
INSIGHT

China Shut The Door On Singapore Washing

  • Jason Calacanis calls China's cancellation of Meta's Manus acquisition the tech story of the year because it closes the Singapore relocation loophole for Chinese AI startups.
  • He argues Beijing now treats Chinese-founded AI companies as sovereign assets, not firms free to exit with capital, staff, and IP.
INSIGHT

The Manus Fight Signals A New AI Sovereignty Era

  • Jason Calacanis says the Manus dispute could escalate beyond M&A into sovereignty, extradition pressure, and US-China retaliation over AI talent and assets.
  • Lon Harris explains China's golden share system gives the state veto power and a board seat, showing how formal control reaches private startups.
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