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Chinese AI Startups Look Overseas to Cash In on More Mature Markets

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July 23, 2025
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Chinese AI Startups Look Overseas to Cash In on More Mature Markets
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The Chinese developer behind much-hyped artificial intelligence (AI) agent Manus has relocated its headquarters to Singapore, joining a growing group of local AI startups prioritizing overseas markets to tap foreign demand and navigate the U.S.-China tech war.

Beijing Butterfly Effect Technology Co. Ltd. launched its general-purpose AI agent Manus in March, after promotional videos showing its ability to perform complex tasks autonomously — such as filtering resumes and analyzing stocks — went viral on Chinese social media. However, so far, Manus is only available overseas. Days after the launch, Butterfly Effect announced it would roll out a Chinese version in partnership with Alibaba Group Holding Ltd., using the tech giant’s open-source model. But there has been no further news about this cooperation.

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