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AI & Enterprise

Meta steps up AI agent startup dealmaking, hires Dreamer team

Meta Platforms has effectively acquired AI agent startup Dreamer through a talent-hiring deal, with the purchase price not disclosed. Dreamer built a platform that lets users create their own AI agents. Dreamer’s team, including executive Hugo Barra, will join Meta Superintelligence Labs. Dreamer will remain an independent entity and Meta will get a non-exclusive license to its technology. Dreamer investors will receive more than their investment back.

Industry

Samsung and LG target European HVAC market with joint appearance at MCE 2026

Samsung Electronics and LG Electronics are appearing side by side at Europe’s largest heating, ventilation and air-conditioning exhibition in Milan to showcase residential and commercial solutions. Samsung is holding a joint display for the first time with FlaktGroup, acquired in November. LG unveiled its integrated heat pump total solution for Europe. Both companies highlighted R32 and R290 refrigerants, new indoor units and commercial systems, including products for data centres and large spaces.

AI & Enterprise

Snowflake steps up strategy to run AI work inside its data platform

Snowflake is speeding up a strategy aimed at keeping AI work inside its own platform rather than sending data out to external AI systems. Moves in that direction include a $200 million partnership with OpenAI, the acquisition of Observe AI and the unveiling of Project Snowwork. Snowflake has also integrated Google’s Gemini model into its CortexAI inference service and introduced Snowflake Postgres for AI agents.