- All three of Dreamer’s cofounders, veteran tech leaders who have worked at Google, Xiaomi, and even Meta, will reportedly join the company.
- Although the team is expected to work on AI agents and related projects at Meta, the deal does not include Dreamer’s technology, Bloomberg said.
- The announcement comes as Meta increased capital expenditures for 2026, with a big focus on improving Meta Superintelligence Labs.
Meta Platforms Inc. (META) has reportedly hired executives from artificial intelligence startup Dreamer, which helps launch AI agents.
According to a report from Bloomberg, which cited an internal post, the Dreamer team, including co-founder Hugo Barra, an ex-Meta employee, will join the Meta Superintelligence Labs group and work under Chief AI Officer Alexandr Wang.
Although the team is expected to work on AI agents and related projects at Meta, the deal does not include Dreamer’s technology, Bloomberg said, according to a person familiar with the matter.
The Dreamer Team
Dreamer was launched by three veteran tech leaders with deep experience across major Silicon Valley firms, all of whom will join Meta, as per Bloomberg.
David Singleton previously served as chief technology officer at Stripe and led engineering for Android at Alphabet’s (GOOG, GOOGL) Google prior to that. Fellow co-founder Hugo Barra held senior product roles working on Android at Google before moving to Xiaomi and later heading virtual reality efforts at Meta Platforms, a position he exited in 2021. Meanwhile, chief design officer Nicholas Jitkoff worked on Chrome OS.
Superintelligence Push
The announcement comes as Meta increased capital expenditures for 2026, in the range of $115 billion to $135 billion, up considerably from $72.22 billion clocked in 2025, with a big focus on improving Meta Superintelligence Labs.
CEO Mark Zuckerberg said in the post-earnings call with investors that AI acceleration in 2026 would speed up on several fronts, adding that the company was “starting to see agents really work.”
How Did Stocktwits Users React?
On Stocktwits, retail sentiment around META stock was in the ‘neutral’ territory amid ‘high’ message volumes at the time of writing.
META stock has declined more than 6% this year.
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