Meta approached AI startup Runway about a takeover bid before Scale deal

Group 1 - Meta engaged in discussions with artificial intelligence startup Runway regarding a potential acquisition prior to its significant investment in Scale AI [1][2] - Runway is recognized for its AI video generation tools and was included in CNBC's Disruptor 50 list earlier this month [1] - The negotiations between Meta and Runway did not advance significantly and ultimately fell through, as reported by a source familiar with the situation [1]