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…
bubmagJuly 31, 2025