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
Meta Explored Acquiring Perplexity Before Scale AI Tie‑Up Shortly after the collapse of the Perplexity talks, Meta confirmed a fourteen-point-three billion dollar investment in Scale AI That deal gave Meta a 49% stake in the data‑labeling startup Scale AI performs AI model training under the guise of cleaning and annotating huge amounts of data
Meta eyed Perplexity before $14B Scale AI deal Meta tried to recruit Perplexity's CEO The talks with Perplexity came before Meta's $14 3 billion investment in Scale AI, which gave it a 49% stake in the data-labeling start-up
Meta missed out on Perplexity in desperate AI bid Meta Platforms reportedly held private talks with AI startup Perplexity AI about a possible takeover before moving ahead with its $14 3 billion investment in Scale AI People familiar with the matter told CNBC, those discussions ended without a deal, and Perplexity chose not to pursue the offer
Meta Discussed Buying Perplexity Before Investing In Scale AI . . . According to Bloomberg (paywalled), Meta reportedly explored acquiring Perplexity AI but the deal fell through, with conflicting accounts on whether it was mutual or Perplexity backed out Instead, Meta invested $14 3 billion in Scale AI, taking a 49% stake as part of its broader push to catch up with OpenAI and Google in the AI race