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Meta is reportedly in discussions to acquire Play AI, a startup specializing in voice cloning technology. The acquisition aims to enhance Meta's capabilities in artificial intelligence and voice technologies, potentially integrating these advancements into their existing platforms.
Meta is set to purchase chip startup Rivos to enhance its custom semiconductor capabilities, particularly for AI systems. The acquisition will support Meta's development of the Meta Training and Inference Accelerator (MTIA) and follows the company's previous reliance on Nvidia for AI chips. Rivos was valued at approximately $2 billion and has been a significant partner for Meta.
Meta's CEO Mark Zuckerberg has intensified his AI hiring strategy by acquiring Safe Superintelligence's CEO Daniel Gross and former GitHub CEO Nat Friedman, following an unsuccessful attempt to purchase the startup. This move is part of a broader $14.3 billion investment in AI talent, amidst escalating competition among major tech companies to develop advanced artificial intelligence technologies. The partnership will also involve Meta gaining a stake in Gross and Friedman's venture capital firm, NFDG.
Meta has acquired Waveforms, an AI audio startup, to enhance its audio technology and offerings. This acquisition is expected to bolster Meta's capabilities in creating advanced audio experiences for its platforms.
Meta held talks with AI startup Runway regarding a potential acquisition as part of its broader strategy to enhance its AI capabilities, particularly following a significant investment in Scale AI. However, the discussions did not advance and ultimately fell through. Meta has been actively pursuing AI talent and startups to strengthen its position in the sector.