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 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 Tried to Acquire Perplexity Before $14. 3 billion Scale . . . Multiple Firms were Targeted by Meta AI Perplexity was not Meta’s only target this year Earlier in 2024, the company also attempted to buy Safe Superintelligence, which is a start-up valued at about 32 billion during a recent funding round Though the deal didn’t reach the end, Meta still managed to bring some key people on board
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 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