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Meta CNBC spoke about the potential acquisition ahead of the confirmed billions of dollars in runways and scale AI for artificial intelligence startups, CNBC spoke about the potential acquisition ahead of the artificial intelligence startup’s runways and scale AI.
Runway is best known for its AI video generation tool and won a spot on CNBC’s Disruptor 50 list earlier this month.
According to those familiar with the issue that asked not to name due to the secret nature of the discussion, the contract between Meta and the runway did not progress much and disband.
Bloomberg has previously reported consultations. Meta declined to comment.
Meta CEO Mark Zuckerberg has been actively pushing for the recent months to bolster his company’s AI efforts. The social media giant invested $14.3 billion in scale AI in June, and also approached Startups Safe Superintelligence and Prperxity AI for potential acquisitions this year.
Meta agreed to a 49% stake in Scale AI and hired founder Alexandr Wang along with several other employees in the company.
Meta has failed in its efforts to buy Super Intelligence completely, but the company’s CEO Daniel Gross and former Github CEO Nat Friedman are taking part in Meta’s AI efforts to tackle the product under Wang.
