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Why OpenAI is hiring 100 ex-bankers: Inside the ChatGPT-maker's secret project to automate Wall Street's grunt work

American tech giant Meta has acquired PlayAI, an artificial intelligence startup known for developing human-like voice technology. According to an internal memo viewed by Bloomberg, the entire PlayAI team will join Meta next week.
The team will report to Johan Schalkwyk, who recently joined Meta from the voice AI startup Sesame AI.
While the financial details of the acquisition were not disclosed, the memo noted that PlayAI’s expertise aligns closely with Meta’s roadmap across several key areas, including: AI characters, Meta AI, Wearables, and Audio content creation.
Recently, Meta acquired a 49 percent stake in Scale AI, a company specializing in data annotation for artificial intelligence systems. As part of the deal, Scale AI CEO Alexandr Wang joined Meta to lead a newly formed superintelligence team.
Following this move, it was announced that OpenAI was officially phasing out its partnership with Scale AI. However, according to a spokesperson cited in the report, OpenAI was already in the process of winding down work with Scale prior to Meta's announcement.
From purpose-driven work and narrative-rich brand films to AI-enabled ideas and creator-led collaborations, the awards reflect the full spectrum of modern creativity.
Read MoreIn a wide-ranging interview with Storyboard18, Sorrell delivers his frankest assessment yet of how the deal will redefine creativity, media, and talent across markets.