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American Focus > Blog > Economy > Meta strengthens portfolio with PlayAI acquisition
Economy

Meta strengthens portfolio with PlayAI acquisition

Last updated: July 14, 2025 2:30 am
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Meta strengthens portfolio with PlayAI acquisition
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Meta Platforms, the parent company of Facebook, has recently made headlines with its acquisition of PlayAI, a startup that specializes in AI-powered voice technology. According to a report by Bloomberg, the PlayAI team is set to join Meta during the week of July 13, 2025. They will be reporting to Johan Schalkwyk, who previously worked at another voice AI startup called Sesame AI.

While the financial details of the acquisition have not been disclosed, a spokesperson from Meta has confirmed the deal. PlayAI’s AI Agent platform is known for creating conversational agents that can understand and respond to user inputs in a natural manner. By combining advanced language models with high-quality text-to-speech technology, the platform enables human-like interactions.

The internal memo also highlighted that PlayAI’s expertise in natural voice creation aligns well with Meta’s goals in AI Characters, Meta AI, Wearables, and audio content creation. This acquisition falls in line with Meta’s broader strategy to prioritize AI, as the company is heavily investing in infrastructure such as chips and data centers, and actively recruiting talent to develop AI models and features.

In a recent announcement, Meta CEO Mark Zuckerberg revealed a restructuring of the company’s AI division. The new unit, Meta Superintelligence Labs, will be led by former Scale AI CEO Alexandr Wang. This team will focus on accelerating the development of artificial general intelligence and enhancing Meta’s revenue through AI applications, image-to-video advertising, and smart glasses.

In addition to the PlayAI acquisition, Meta also recently invested around €3 billion ($3.5 billion) to acquire a nearly 3% stake in EssilorLuxottica, the eyewear manufacturer behind the Ray-Ban brand. This investment strengthens the collaboration between Meta and EssilorLuxottica on AI-enabled smart glasses.

See also  ‘Superintelligence’ Takes Meta Platforms to Record Highs. Should You Buy META Stock Here?

The acquisition of PlayAI marks a significant addition to Meta’s portfolio, as the company continues to expand its presence in the AI space. This article was originally published by Verdict, a GlobalData owned brand.

Please note that the information provided in this article is for general informational purposes only and should not be relied upon as advice. It is recommended to seek professional or specialist advice before making any decisions based on the content.

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