A nearly 3-year-old AI startup has reportedly caught the attention of two of the largest and most influential tech companies, underscoring the fierce competition for AI talent and push to become leaders in what some believe will be the next major evolution of the internet.
A nearly three-year-old AI startup has caught Meta’s attention, and reportedly Apple’s too. Meta spoke with AI search engine Perplexity about a potential acquisition, although a deal was not reached, according to sources familiar with the discussions. The talks were held in late April or early May, and were reported earlier by Bloomberg and The Information.
Dow Jones, the parent company of The Wall Street Journal, and the New York Post, also sued Perplexity last year over accusations that it used its content illegally, stealing traffic from their websites. Why would Apple or Meta want to buy it? A deal with Perplexity would seemingly fit in with Apple’s or Meta’s AI ambitions. Both companies are incorporating AI into their most important products; for Apple, that’s the iPhone, and for Meta, it’s apps like Instagram and WhatsApp.
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