Meta’s talks to acquire Runway ended abruptly. The deals fizzled out fast, sources say. No progress made.
The news comes as Meta explores fresh AI frontiers. Runway’s AI tools caught their eye. But negotiations were brief. No further steps followed.
An insider told Tech in Asia the discussions "did not progress," signaling a quick dead-end.
Meta is now back to the drawing board on AI acquisitions. Runway keeps rolling with its AI video and image editing products. No official comment from either side yet.