Meta acquires AI audio startup WaveForms
WaveForms, founded just eight months ago, last raised $40 million in a round led by Andreessen Horowitz that valued the company at $160 million pre-money, per PitchBook data.
WaveForms, founded just eight months ago, last raised $40 million in a round led by Andreessen Horowitz that valued the company at $160 million pre-money, per PitchBook data.
Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers.
“We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced AI may remain closed so that Meta can stay in the driver’s seat.
Looks like Meta isn’t done poaching talent from OpenAI.