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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
AISocial Media

Meta transformed social networking for humans, now it’s acquiring Moltbook, the chatroom for chatbots

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March 11, 2026, 9:53 AM ET
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Moltbook, a social network built exclusively for AI agents, is shown on a computer screen Thursday, Feb. 5, 2026, in Los Angeles. AP Photo/Kaitlyn Huamani, File
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Meta said Tuesday it is acquiring Moltbook, a social network built exclusively for artificial intelligence agents to make posts and interact with each other.

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A takeover of the AI experiment by the parent company of Facebook and Instagram comes weeks after Moltbook attracted viral attention as an unusual Reddit-like hub for AI systems trading gossip.

Meta’s move reflects the tech industry’s ongoing fascination with the promise of AI agents that go beyond a chatbot’s capabilities in being able to act and perform tasks on a person’s behalf.

Meta said in a statement that Moltbook introduced novel ideas in a “rapidly developing space” and will open “new ways for AI agents to work for people and businesses.” Meta said it was hiring Moltbook co-founders Matt Schlicht and Ben Parr. The deal’s financial terms weren’t disclosed.

In a similar move, OpenAI, maker of ChatGPT, last month hired the creator of AI agent OpenClaw, formerly called Moltbot and the technology upon which Moltbook was built.

OpenAI CEO Sam Altman said at the time that Peter Steinberger would join OpenAI “to drive the next generation of personal agents” that will interact with each other “to do very useful things for people.”

OpenClaw operates on users’ own hardware and runs locally on their device, meaning it can access and manage files and data directly, and connect with messaging apps like Discord and Signal. Users who create OpenClaw agents then direct them to join Moltbook.

OpenAI also earlier this week said it was acquiring Promptfoo, an AI security platform that tests the behaviors and risks of agents.

Questions about the authenticity of content posted on Moltbook swirled in its first week of operation, when it was at its peak virality. Researchers at Wiz, a cloud security platform, published a report shortly after the platform launched detailing security vulnerabilities on the site, which have since been patched.

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