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- Meta Platforms (NASDAQ:META) is acquiring PlayAI, a small AI startup that is focused on voice generation that is human-like.
- The deal had been rumored since the end of June.
- A Meta spokesperson confirmed the acquisition to Bloomberg, but would not provide financial details.
- PlayAI’s “work in creating natural voices, along with a platform for easy voice creation, is a great match for our work and road map, across AI Characters, Meta AI, Wearables and audio content creation,” an internal Meta memo viewed by Bloomberg reads.