Meta Platforms reportedly explored acquiring AI search startup Perplexity AI before investing heavily in Scale AI. Sources familiar with the matter indicate that Meta engaged in takeover discussions with Perplexity, but the two companies ultimately failed to reach an agreement. The reasons for the failed negotiations and the specific financial terms discussed remain undisclosed. This potential acquisition attempt preceded Meta’s significant investment in Scale AI, highlighting the company’s ongoing interest in expanding its capabilities within the artificial intelligence space, particularly in search technology. Perplexity AI had recently concluded a funding round that valued the company at $14 billion, suggesting the potential acquisition price may have been a sticking point.
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Meta Discussed Buying Perplexity Before Investing in Scale
Meta Platforms reportedly explored acquiring AI search startup Perplexity AI before investing heavily in Scale AI. Sources familiar with the matter indicate that Meta engaged in takeover discussions with Perplexity, but the two companies ultimately failed to reach an agreement. The reasons for the failed negotiations and the specific financial terms discussed remain undisclosed. This potential acquisition attempt preceded Meta’s significant investment in Scale AI, highlighting the company’s ongoing interest in expanding its capabilities within the artificial intelligence space, particularly in search technology. Perplexity AI had recently concluded a funding round that valued the company at $14 billion, suggesting the potential acquisition price may have been a sticking point.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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