Meta discussed buying Perplexity before investing in Scale Perplexity recently closed a new round of funding at a US$14 billion valuation Meta also attempted to hire Perplexity chief executive officer Aravind Srinivas to join the social media company’s new “superintelligence” team, which is focused on building more powerful AI systems, the sources said
Meta Weighed Acquiring Perplexity Before Backing Scale AI The company attempted to recruit Perplexity’s CEO, Aravind Srinivas, but talks fell through and no agreement was reached Meta ultimately invested approximately $14 3 billion in Scale AI, securing a 49% non-voting stake and onboarding CEO Alexandr Wang as part of a broader AI expansion strategy
Meta considers Perplexity AI acquisition before Scale AI investment . . . These previously unreported talks highlight Meta CEO Mark Zuckerberg’s strategy to use acquisitions and high-profile hiring to advance the company’s position in artificial intelligence The discussions occurred before Meta finalized its $14 3 billion investment for a 49% stake in data-labeling company Scale AI earlier this month
Meta buys 49% stake in Scale AI for $14. 8B, hires founder Alexandr Wang Meta Platforms has finalized a $14 8 billion investment to acquire a 49% non-voting stake in Scale AI, valuing the data-labeling startup at approximately $29 billion and bringing its renowned founder Alexandr Wang to lead Meta's new "Superintelligence" initiative as part of CEO Mark Zuckerberg's aggressive push to strengthen the company's position in the competitive artificial intelligence
Meta missed out on Perplexity in desperate AI bid Meta also tried to hire Perplexity CEO According to Bloomberg, Meta also sought to recruit Perplexity CEO Aravind Srinivas for its superintelligence team Those talks occurred before Meta finalized its deal with Scale AI Perplexity, founded in 2022, has quickly become known for using generative AI to change how people search the web
Meta held failed acquisition talks with Perplexity AI before investing . . . Meta also tried to hire Perplexity CEO According to Bloomberg, Meta also sought to recruit Perplexity CEO Aravind Srinivas for its superintelligence team Those talks occurred before Meta finalized its deal with Scale AI Perplexity, founded in 2022, has quickly become known for using generative AI to change how people search the web