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Meta tried to buy AI video startup Runway, but talks failed
short by / on Tuesday, 24 June, 2025
Meta reportedly attempted to acquire AI video startup Runway but talks never advanced to a formal offer, Bloomberg said. Runway, recently valued at $3 billion, develops AI tools for creators and media firms. The move reflects Meta aggressive AI push, following its $14billion bet on Scale AI and efforts to recruit top researchers.
read more at Stocktwits