Manus AI Projects $90 Million Annual Revenue
Manus AI, a Chinese AI company, has projected an annual revenue run rate of $90 million, according to Bloomberg. This figure was announced by co-founder Peak Ji during an event in Singapore. The revenue run rate is calculated by multiplying the revenue from the past 30 days of subscription fees by 12.
The company, which is backed by the startup Butterfly Effect, offers AI agents that assist users with tasks such as resume screening, trip planning, and stock analysis. Manus AI's subscription model ranges from $19 to $199 per month, with a free tier offering limited functionality. The company has gained significant attention since its AI agents were launched, prompting other companies like ByteDance and Baidu to develop competing platforms.
In April, Manus AI secured $75 million in funding, significantly increasing its valuation. The company continues to expand its operations, hiring more staff in Singapore while reducing its presence in Beijing and Wuhan.
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