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Capacity building in generative AI: Meta acquires the Egyptian start-up PlayAI

30/07/2025
Source : ORISHAS FINANCE
Categories: Sectors

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meta has acquired Egyptian voice AI startup PlayAI in order to strengthen its position in the global generative AI space.

Playai is founded by Mahmoud Felfel and Hammad Syed. She is known for Play Dialog, a multi-turn voice model formed from hundreds of millions of conversations. The model can handle contextual and emotionally nuanced dialogues, making it a major asset for AI voice generation

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PlayAI also launched Play 3.0 mini, a lightweight, multi-lingual text-to-speech model, and a code-free voice agent platform with real-time APIs.

Soutenue par des investisseurs tels que Y Combinator , Kindred Ventures and 500 Global, PlayAI raised $21 million in amor& Ccedil; age last year before being bought. This acquisition marks an important milestone for the Middle East and North Africa (MENA) tech ecosystem. PlayAI becomes one of the first AI startups in the region to be bought by a major tech company

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