Technology

Snap Acquires AI Voice Startup for $70 Million

Snap Acquires AI Voice Startup for $70 Million

Snap Inc. is acquiring Israel-based startup Voca AI Ltd. in a deal worth $70 million in cash and stock, according to a source familiar with the terms of the agreement. Representatives from Snap declined to comment on the acquisition and it’s not clear yet how Voca.ai might fit into the social media company’s future business plans.  

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