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Meta wanted to buy a $30 billion AI startup: report. What it is trying instead.

Livemint

Livemint · 25d ago

Meta wanted to buy a $30 billion AI startup: report. What it is trying instead.

Meta Platforms has been advancing its AI initiatives by attempting to acquire a major AI startup, Safe Superintelligence, which was valued at $30 billion. Despite being rebuffed by its founder, Meta is enhancing its AI capabilities by delaying the release of its next major AI model and recruiting new AI executives. The company's stock has increased due to these AI efforts, indicating growing market confidence in its strategic direction towards artificial intelligence advancements.

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The Verge · 1m ago

Meta is paying $14 billion to catch up in the AI race

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