Meta may have missed out on AI agent startup GenSpark — but not for lack of trying. According to a report from Chinese tech media outlet Top Chinese Tech Innovation, the Facebook parent company has joined Google and Microsoft in making acquisition overtures to the young company over the past six months. CEO Jing Kun, however, is adamant: GenSpark is not for sale.
Founded in 2023 in Silicon Valley by former Baidu VP Jing Kun and ex-Xiaodu CTO Zhu Kaihua, GenSpark started as an AI search engine before pivoting to an AI agent work platform. The company announced a $385 million Series B round in March, valuing it at around $1.6 billion — a figure that has since climbed to $2 billion. Its annual recurring revenue has blown past $200 million.
Just last month, GenSpark inked a global strategic partnership with Microsoft, integrating its AI agents into Microsoft 365 and Agent 365, and building infrastructure on Azure. The acquisition interest comes amid a wave of consolidation in the agent space. Late last year, Meta agreed to acquire rival Manus for $2 billion, only to have the deal blocked by Chinese regulators.