Meta's Play For Voice AI Could Shake Up The Competition
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Meta Platforms is considering acquiring voice-cloning AI startup PlayAI as part of its strategy to establish a "superintelligence" lab amid rising competition in the AI voice assistant market. The financial details of the acquisition are not disclosed. This move follows Meta's significant investments in AI, including a $14.3 billion investment in Scale AI and collaborations with various AI researchers. As of March 31, 2025, Meta holds $70.23 billion in cash. META stock rose by 0.75% to $731.52.
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