Meta has held discussions with several parties, including Pika. Pika makes it easy to generate and edit AI-based videos – while also allowing users to be more creative with them.
Meta sees video generation as a key element moving forward, into a world using smart glasses.
Discussions are still in the early stages. It is not known whether Meta is targeting acquisitions, licensing or simply taking talent from related companies, as Meta has done in the past with several other AI firms.
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BUSINESS & MONEY