menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Apple Cons...
source image

Inc42

3w

read

226

img
dot

Image Credit: Inc42

Apple Considers Buying AI Startup Perplexity: Report

  • Apple is considering acquiring the AI startup Perplexity to enhance its artificial intelligence capabilities.
  • Discussions about the potential acquisition are in the early stages, and Apple has not engaged directly with Perplexity’s executives.
  • Apple’s head of mergers and acquisitions, Adrian Perica, discussed the integration of Perplexity’s AI-driven search tools with Apple’s services chief and other AI leaders.
  • Perplexity stated that it has no knowledge of ongoing or future M&A discussions involving the startup.
  • Apple did not respond to queries concerning the potential buyout of Perplexity.
  • If the acquisition of Perplexity by Apple goes through, it would be one of Apple's largest acquisitions since buying Beat for $3 billion in 2014.
  • Perplexity was valued at $14 billion in its most recent funding round.
  • Apple intends to integrate Perplexity’s AI search engine with its Safari web browser.
  • The story is expected to be updated soon.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app