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 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
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 - Slashdot 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's attempt to purchase Perplexity serves as the latest example of Mark Zuckerberg's aggressive push to bolster his company's AI efforts amid fierce competition from OpenAI and Google parent Alphabet," reports CNBC
Meta making plays for AI startups - LinkedIn The talks took place before Meta finalized a deal this month to invest $14 3 billion in Scale AI and take a 49% stake in the data-labeling startup lnkd in gNV4P_s5 Meta Discussed Buying