Category : Search result: Meta AI acquisition


Meta Buys AI Startup Manus in Multi-Billion Dollar Deal

Meta acquires Singapore-based AI startup Manus, valued at $2-3 billion, to integrate its advanced AI agents into Facebook, Instagram, and WhatsApp. This strategic move intensifies the global AI competition.

GMADA gets 716 acres for Eco City 3 from 9 villages

The Greater Mohali Area Development Authority has successfully acquired 716 acres of land from nine villages for its ambitious Eco City 3 project, paving the way for a new integrated township.

Dina Powell McCormick resigns from Meta board

Meta's board sees a change as Dina Powell McCormick steps down. The company also advances new AI tools 'Mango' and 'Avocado' to rival Google and OpenAI. Read the full story.

Meta AI Glasses Now Support Kannada, Telugu

Meta's AI-powered smart glasses now understand Kannada and Telugu, expanding beyond Hindi and English. Discover how this update enhances accessibility for millions of Indian users.

Meta Buys Limitless, Maker of AI Recording Pendant

Meta acquires AI startup Limitless, maker of a $99 wearable pendant that records conversations and generates summaries. This signals Meta's push into AI hardware beyond Ray-Ban glasses. Read more.

Meta's Phoenix Glasses Delayed to 2027

Meta postpones its Phoenix mixed-reality glasses launch to 2027 for a polished device. The lightweight goggles face budget cuts in the metaverse division. Read the full report.

Meta Cuts 30% from Metaverse, Shifts Billions to AI

Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

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