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 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 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 eyed Perplexity before $14B Scale AI deal Meta tried to recruit Perplexity's CEO The talks with Perplexity came before Meta's $14 3 billion investment in Scale AI, which gave it a 49% stake in the data-labeling start-up
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