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Meta considers Perplexity AI acquisition before Scale AI investment - Bloomberg

Published 2025/06/20, 20:14
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Investing.com -- Meta Platforms Inc (NASDAQ:META). discussed a potential acquisition of AI search startup Perplexity AI Inc. before finalizing its recent investment in Scale AI, according to Bloomberg, citing people familiar with the matter.

The companies were unable to reach an agreement and decided against pursuing the deal, said the sources, who requested anonymity because the discussions were private. Financial terms of the potential acquisition were not disclosed. Perplexity recently secured funding at a $14 billion valuation.

These previously unreported talks highlight Meta CEO Mark Zuckerberg’s strategy to use acquisitions and high-profile hiring to advance the company’s position in artificial intelligence. The discussions occurred before Meta finalized its $14.3 billion investment for a 49% stake in data-labeling company Scale AI earlier this month.

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