Meta Discussed Buying Perplexity Before Investing in Scale Meta Platforms Inc held discussions with artificial intelligence search startup Perplexity AI Inc about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI
Meta approached Perplexity before massive Scale AI deal Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14 3 billion into Scale AI, CNBC confirmed on Friday The two companies
Meta Mulled Buying Perplexity Before Investing in Scale AI Following the Perplexity detour, Meta decisively turned to Scale AI, a data-labeling leader with which it struck a $14 8–14 3 billion deal for a 49% stake The agreement, valued at roughly $29 billion post-deal, brings Scale’s cofounder and CEO Alexandr Wang into Meta’s “superintelligence” research initiative
Metas AI Ambitions: Failed Perplexity AI Acquisition Talks . . . Meta Discussed Buying Perplexity Before Investing in Scale AI Meta Platforms Inc held discussions with artificial intelligence search startup Perplexity AI Inc about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter
Meta Considered Perplexity Acquisition Before Backing Scale AI Meta Platforms Inc (META) engaged in unsuccessful acquisition talks with Perplexity AI Inc , valued at $14 billion, before investing $14 3 billion for a 49% stake in Scale AI CEO Mark Zuckerberg
Meta considers Perplexity AI acquisition . . . - Investing. com The discussions occurred before Meta finalized its $14 3 billion investment for a 49% stake in data-labeling company Scale AI earlier this month This article was generated with the support of AI