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Originally published by Capital Business
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business
March 11, 2026
1mo ago

Facebook-owner buys ‘social media network for AI’ Moltbook

Facebook-owner buys ‘social media network for AI’ Moltbook

The deal will move Moltbook's team into Meta's Superintelligence Labs and bring "new ways for AI agents to work for people and businesses", Meta said. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Meta, the parent company of Facebook and Instagram, has acquired Moltbook, a social media networking platform designed for artificial intelligence (AI) bots to interact with each other.

  • Moltbook allows AI-powered programs to hold conversations, sparking both interest and ethical concerns.
  • The Moltbook team will join Meta's Superintelligence Labs to enhance AI capabilities for users and businesses.
  • This acquisition aligns with Meta's increased investment in AI projects, including the prior purchase of AI firm Manus.

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Part of the Day's Coverage

Facebook-owner buys 'social media network for AI' Moltbook - March 2026

Meta, the parent company of Facebook and Instagram, has acquired Moltbook, a social media networking platform designed for artificial intelligence bots to interact with each other. Separately, Meta's advisory board has urged the social media giant to enhance its oversight of fake AI-generated videos, citing concerns over the proliferation of such content. Meanwhile, shares of Nation Media Group experienced a significant surge of 28.3 percent, reaching Sh17, following the acquisition of a majority stake by Tanzanian businessman Rostam Azizi.

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