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 Tried to Acquire Perplexity Before $14. 3 billion Scale . . . Meta’s recent $14 3 billion investment in scale AI shows this strategy very clearly The investment gives Meta a 49% stake in the company and brings scale founder, Alexander Wang, and a few of his colleagues into Meta’s AI division Multiple Firms were Targeted by Meta AI Perplexity was not Meta’s only target this year
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 Mulled Buying Perplexity Before Investing in Scale AI According to a Bloomberg report, Meta briefly considered purchasing Perplexity AI, currently valued at about $14 billion, before opting instead to make a headline-grabbing investment in Scale AI Perplexity AI has quickly risen in prominence since launching in late 2022 Powered by GPT‑4 1, Claude