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 Weighed Acquiring Perplexity Before Backing Scale AI Perplexity opted to remain independent, and no formal offer was made public After the talks with Perplexity concluded, Meta pivoted to invest in Scale AI, a company that provides data infrastructure and labeling services for AI development That investment totaled roughly $14 3 billion and gave Meta a 49% non-voting stake in the company
Meta Reportedly Considered Perplexity Acquisition Before $14 . . . Meta Reportedly Considered Perplexity Acquisition Before $14 3B Scale AI Deal This is the second startup that Mark Zuckerberg-led Meta Platform had reportedly been in conversation with before its investment in Scale AI
Meta Reportedly Considered Perplexity Acquisition Before $14 . . . Stocktwits - Meta Platforms (NASDAQ: META) reportedly explored acquiring AI search startup Perplexity before opting to make a multibillion-dollar investment in Scale AI According to a Bloomberg report, which did not disclose the financial details of the discussions, Perplexity and Meta couldn’t come to an agreement, which is why they decided
Meta aims to acquire Perplexity AI amid $14. 3 billion . . . Meta aims to acquire Perplexity AI amid $14 3 billion investment in Scale AI Tech giant focuses on investing in innovative artificial intelligence firms and attracting skilled professionals