Tech Giants Eye AI Startup Acquisition
In the intensifying race for artificial intelligence (AI) dominance, tech behemoths Apple and Meta are considering acquiring AI startup Perplexity. According to a Bloomberg News report on Friday, citing sources familiar with the matter, Apple executives have engaged in internal discussions about potentially bidding for Perplexity.
The discussions are still in their preliminary stages, with the tech giants’ executives yet to approach Perplexity’s management. In response to the report, Perplexity stated, “We have no knowledge of any current or future M&A discussions involving Perplexity.”
As the AI landscape continues to evolve rapidly, major technology companies are seeking to bolster their capabilities through strategic acquisitions. The potential acquisition of Perplexity by Apple or Meta underscores the growing importance of AI technology in the tech industry.
The Economic Times reported that this development is part of a broader trend where tech giants are eyeing AI startups to enhance their competitive edge. The acquisition, if it materializes, could have significant implications for the AI sector and the future direction of Apple and Meta’s AI strategies.
