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Meta Platforms Inc. has acquired PlayAI, a Cairo-founded artificial intelligence startup specializing in expressive voice generation, in a deal that underscores Silicon Valley’s growing interest in Africa’s emerging deep-tech talent. While financial terms of the acquisition were not disclosed, Meta confirmed that PlayAI’s full team—including co-founders Mahmoud Felfel and Hammad Syed—will join the company’s AI […]
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Meta’s Acquisition of Egypt’s PlayAI Signals a New Era for Africa’s AI Startups
Meta Platforms Inc. has acquired PlayAI, a Cairo-founded artificial intelligence startup specializing in expressive voice generation, in a deal that underscores Silicon Valley’s growing interest in Africa’s emerging deep-tech talent. While financial terms of the acquisition were not disclosed, Meta confirmed that PlayAI’s full team—including co-founders Mahmoud Felfel and Hammad Syed—will join the company’s AI