Sources: Mark Zuckerberg discussed a possible acquisition with Runway AI; the deal talks never reached a formal offer level

Meta Explored Buying Runway to Boost AI Video Capabilities

Meta chief executive Mark Zuckerberg has held informal discussions to acquire Runway AI. The talks occurred before Meta invested in Scale AI and pursued deals with Perplexity. Meta has aimed to build advanced content tools and has aggressively recruited AI talent. A New York company, Runway, worth more than 3 billion dollars, is a specialist in advanced video synthesis with its Gen-4 model. This technology allows the creator to create coherent v…

Meta reportedly explored acquisition of AI video startup Runway

Meta has reportedly held discussions regarding a potential acquisition of the video startup Runway AI, as part of his ongoing efforts

Meta CEO Zuckerberg in Acquisition Talks with AI Startup Runway

Mark Zuckerberg, CEO of Meta Platforms Inc., engaged in discussions for a potential acquisition of video startup Runway AI Inc. as part of Meta's focus on artificial intelligence. The deal is seen as a strategic move to strengthen Meta's presence in AI and enhance its capabilities in recruitment and related technologies. The post Meta CEO Zuckerberg in Acquisition Talks with AI Startup Runway appeared first on nextbigwhat.

Sources: Mark Zuckerberg discussed a possible acquisition with Runway AI; the deal talks never reached a formal offer level

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