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- 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 recently invested $14 3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported
- Meta discussed buying Perplexity before Scale AI investment . . .
Meta and Perplexity did not immediately respond to a request for comment Earlier this month, Meta announced a $14 3 billion investment in Scale, acquiring a 49% stake and valuing the San
- 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 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
- 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
- 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
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