Meta approached AI startup Runway a couple of takeover bid sooner than Scale trade in

Meta spoke with synthetic insigt startup Runway a couple of doable takeover forward of its multibillion-dollar funding in Scale AI, CNBC showed on Monday.

Runway is best possible identified for its AI video era gear and earned a place on CNBC’s Disruptor 50 checklist previous this time.

The trade in talks between Meta and Runway didn’t walk some distance and dissolved, in keeping with an individual usual with the subject who requested to not be named because of the mysterious nature of the discussions.

Bloomberg previous reported the talks. Meta declined to remark.

Meta CEO Mark Zuckerberg has been aggressively pushing to strengthen his corporate’s AI efforts in fresh months. The social media immense invested $14.3 billion into Scale AI in June, and it has additionally approached the startups Defend Superintelligence and Perplexity AI about doable acquisitions this age.

Meta assuredly to a 49% stake in Scale AI and rented away founder Alexandr Wang, at the side of a mini selection of alternative staff from the corporate.

And time Meta used to be unsuccessful in its efforts to shop for Superintelligence outright, Daniel Rude, the corporate’s CEO, and previous GitHub CEO Nat Friedman are becoming a member of Meta’s AI efforts, the place they are going to paintings on merchandise beneath Wang.

WATCH: Meta approached Perplexity sooner than large Scale AI trade in