Meta Held Deal Talks With Startup Runway in AI Recruiting Push Meta Platforms Inc Chief Executive Officer Mark Zuckerberg discussed a possible acquisition with video startup Runway AI Inc , as part of his deal-making drive in artificial intelligence
Meta explores deal with Runway AI as part of AI talent push - Bloomberg This exploration comes amid Zuckerberg’s ongoing efforts to build what he calls a "superintelligence" team by recruiting top AI talent Meta’s recruitment strategy has included offering high salaries and engaging in potential acquisition discussions with target companies Runway AI received a valuation of more than $3 billion earlier in 2024
Meta Halts Acquisition Discussions with $3 Billion Video AI Startup Runway Behind Zuckerberg's AI Talent Hunt Meta's pursuit of Runway exists within a broader strategic overhaul Since internal benchmarks showed Meta's flagship Llama 4 models underperforming relative to offerings from OpenAI and Google, Zuckerberg has personally spearheaded what one former Meta executive described as "the most aggressive talent acquisition campaign in the company's history "
Meta Sought Perplexity and Runway Acquisitions Before $14. 3B Scale AI . . . Chief Executive Officer Mark Zuckerberg also explored buying video-generation specialist Runway AI, which is valued at more than $3 billion Those talks never advanced to a formal offer and are no longer active, according to the people
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
Meta said to eye AI startup Runway takeover before Scale AI deal The reported discussions with Runway came shortly before Meta committed an unprecedented US$14 3 billion for a 49% stake in Scale AI, demonstrating a willingness to spend at multiples higher than