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 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 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 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
Meta considers Perplexity AI acquisition before Scale AI . . . 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
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