Meta is allegedly planning to acquire the Artificial Intelligence (AI) Startup Playi in Palo Alto, California. According to the report, the purpose of the acquisition is to increase your AI division to compete with the choice of openi and Google. The Menlo Park-based social media giants are aggressively carrying forward the new AI model and AI features for their platforms. Reported acquisition schemes can help the company efficient to make efficient employees efficient in AI, as well as in-house technology stacks of startups.
According to a Bloomberg ReportTech giants are considering buying ply. The AI Startup was founded in 2019 by Hammad Syed and Mahmud Felphl. It specializes in the manufacture of real-time convergent agents, voice interfaces and in-house AI voice models. Citing people familiar with the case, the report claims that the move to achieve the startup comes from the desire of the meta to rent the top talent in the AI space.
The acquisition deal, which is yet to be finalized, includes provisions to allegedly appoint some employees of the startup. While the acquisition is expected to be completed soon, the conditions can still change, claimed the report. In particular, the financial terms of the deal are not currently known.
The meta appears to be in search of AI startups actively. Earlier this month several reports claimed that Mark Zuckerberg’s team held meetings with Perplexity To discuss a possible acquisition. The company has also allegedly made efforts to achieve runway AI, which is a startup that focuses on developing the AI model for the video generation.
In addition to adding more AI talent to your team, the acquisition of ply can also help meta by other ways. Social media giant recently added a two-way voice conversation feature to his chatbot, however, in terms of the and product, it is only a low-de-silate text-se-skit (TTS) tool. Compared to contestants like Chatgpt or Gemini, this is an area where Meta AI is quite behind.
However, it can change with the acquisition of the ply, which specializes in the construction of AI voice generation models and voice interfaces. With this ability, social media giants can increase their own AI infrastructure and provide a voice experience that seems more expressive and human-like.