Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»Meta reportedly explored acquisition of AI video startup Runway
Finance

Meta reportedly explored acquisition of AI video startup Runway

June 24, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Meta reportedly explored acquisition of AI video startup Runway
Share
Facebook Twitter LinkedIn Pinterest Email

Meta Platforms CEO Mark Zuckerberg has reportedly held discussions relating to a possible acquisition of the video startup Runway AI, as a part of his ongoing efforts to develop in AI.

The deal talks, nonetheless, didn’t progress to a proper supply with a particular greenback determine and are not lively, folks acquainted with the matter advised Bloomberg.

Runway, a New York-based firm specialising in AI know-how that generates realistic-looking movies, was valued at greater than $3bn earlier in 2025.

Since 2023, Runway has been a pioneer in AI video technology, contributing to the surge in curiosity in such applied sciences.

Its newest mannequin, Gen-4, permits customers to create movies with constant characters and objects, a difficult feat for a lot of AI providers.

The corporate has secured an settlement with film studio Lionsgate to utilise its instruments, which have additionally been utilized in productions akin to Amazon’s “Home of David” and a Madonna live performance.

Representatives for each Runway and Meta declined to remark, the report mentioned.

Zuckerberg has prioritised assembly with main figures in AI, together with CEOs and chief scientists, over latest months.

His recruitment drive to construct a “superintelligence” crew has included excessive wage affords and, in some circumstances, acquisition discussions.

Meta not too long ago accomplished a multibillion-dollar funding in Scale AI, buying 49% of the info labelling startup and hiring its CEO.

The corporate additionally engaged in deal talks with AI search startup Perplexity, which is led by CEO Aravind Srinivas and was valued at $14bn in its newest spherical.

Moreover, Meta has been in discussions with former GitHub CEO Nat Friedman about becoming a member of the corporate, Bloomberg has reported, and held related talks with Daniel Gross, CEO of Secure Superintelligence.

“Meta reportedly explored acquisition of AI video startup Runway” was initially created and revealed by Verdict, a GlobalData owned model.

 


The data on this web site has been included in good religion for common informational functions solely. It isn’t meant to quantity to recommendation on which it’s best to rely, and we give no illustration, guarantee or assure, whether or not categorical or implied as to its accuracy or completeness. You have to get hold of skilled or specialist recommendation earlier than taking, or refraining from, any motion on the premise of the content material on our web site.

Source link

acquisition explored Meta Reportedly Runway startup video
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Baxter International (BAX) Faces Tough Road Ahead, Says Citi in Downgrade

June 11, 2026

Kinsale Capital Group (KNSL) Consolidates Analytics and Technology Divisions Under New EVP

June 11, 2026

AI’s impact on economic growth: KKR

June 11, 2026

Top rates on savings and CD accounts with few fees

June 11, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Spike Lee Says ICE ‘Is Not Welcome’ To Come To Any New York Knicks Victory Parade

June 11, 2026

Reviewing Games and Top Sites in 2026

June 11, 2026

Samsung Galaxy Watch Ultra 2 Leak Hints at Huge Battery Upgrade

June 11, 2026

Baxter International (BAX) Faces Tough Road Ahead, Says Citi in Downgrade

June 11, 2026
Popular Post

Google Pixel Phones Get new Bug and Security Fixes

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

Bengaluru: Second leg of national art workshop for differently-abled begins at Nimhans

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.