Meta has completed a deal to acquire PlayAI, an AI startup focused on voice tech, Kurt Wagner of Bloomberg reports. The “entire PlayAI team” is set to join Meta next week, Bloomberg notes, citing an internal memo.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Meta Platforms Defies EU, Expands AI Ambitions
- Meta Thumbs its Nose to EU Charges After Refusing to Alter Ad Model
- Meta brings in two additional OpenAI researchers, Information reports
- AI Daily: Meta working to win AI race with money
- Now Streaming: Apple in talks to acquire U.S. rights to screen Formula 1