Meta explored acquiring AI video startup Runway before investing $14.3 billion in Scale AI, securing a 49% stake and bringing ...

Meta Platforms Inc. held acquisition discussions with artificial intelligence video startup Runway before completing its ...

Meta has invested billions in Scale AI, lured its founder and top talent, pursued Perplexity but was rebuffed, and made ...

However, the talks between Meta and Runway did not reportedly reach far. Runway is the developer of various AI video ...

After Meta’s $14.3 billion investment in Scale AI last week, which included hiring founder Alexandr Wang, the company’s ...

Microsoft's AI growth and cloud dominance excite investors, but rising risks and premium valuations suggest caution. Learn ...

Meta held talks to acquire Perplexity AI before moving ahead with a USD 14.3 billion investment in Scale AI, sources said. The deal fell through, and Meta has since ramped up recruitment for its ...

Apple's executives are thinking of acquiring Perplexity AI both to get more talent and to be able to offer an AI-based search engine in the future, according to Bloomberg.

Meta's desperate multi-billion dollar hiring spree for top AI talent comes after failed startup acquisitions and reveals deep ...

Meta CEO Mark Zuckerberg has been on a two-week spending binge, hiring the priciest AI developers in an effort to make up for ...

Meta Inc. failed to acquire SSI, a $32B AI startup. Now, they are focused on recruiting top talent after bringing in Scale AI's CEO.

Mark Zuckerberg has been playing the field as he looks to reboot his AI strategy. At this point, it’s becoming easier to say ...