AI
As race for AI startups heats up, Apple, Meta mull Perplexity acquisition
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To stay ahead in the artificial intelligence (AI) race, tech giants such as Apple and Meta are eyeing the acquisition of AI startups.
Apple executives have held internal talks about potentially bidding for AI startup Perplexity, Bloomberg News reported on Friday, citing people with knowledge of the matter.
The report added that discussions are at an early stage, and that the tech giants’ executives are yet to approach Perplexity’s management.
“We have no knowledge of any current or future M&A discussions involving Perplexity,” Perplexity said in…
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