Mustafa Hatipoglu | Anadolu | Getty Photographs
Meta spoke with artificial intelligence startup Runway a few potential takeover forward of its multibillion-dollar funding in Scale AI, CNBC confirmed on Monday.
Runway is greatest recognized for its AI video era instruments and earned a spot on CNBC’s Disruptor 50 listing earlier this month.
The deal talks between Meta and Runway didn’t progress far and dissolved, in response to an individual aware of the matter who requested to not be named as a result of confidential nature of the discussions.
Bloomberg earlier reported the talks. Meta declined to remark.
Meta CEO Mark Zuckerberg has been aggressively pushing to bolster his firm’s AI efforts in latest months. The social media large invested $14.3 billion into Scale AI in June, and it has additionally approached the startups Safe Superintelligence and Perplexity AI about potential acquisitions this yr.
Meta agreed to a 49% stake in Scale AI and employed away founder Alexandr Wang, together with a small variety of different staff from the corporate.
And whereas Meta was unsuccessful in its efforts to purchase Superintelligence outright, Daniel Gross, the corporate’s CEO, and former GitHub CEO Nat Friedman are becoming a member of Meta’s AI efforts, the place they may work on merchandise beneath Wang.
WATCH: Meta approached Perplexity before massive Scale AI deal
