Meta Platforms reportedly had talks to buy startup Perplexity AI before moving on to invest billions into Scale AI instead.
Bloomberg reported Meta and Perplexity AI were unable to finalise the deal and noted the financial terms under discussion were not available.
The news agency stated talks with Perplexity AI further highlight Meta CEO Mark Zuckerberg’s effort to scale the company’s AI capabilities through deals and recruiting new employees.
In January the CEO stated the company plans capex of $60 billion to $65 billion in 2025 as part of a plan to broaden its AI infrastructure. Meta ended up paying $14.3 billion for a 49 per cent staked in Scale AI in a deal which included the latter’s CEO, Alexandr Wang, joining a new AI team created by Zuckerberg.
Bloomberg previously reported Zuckerberg is personally recruiting around 50 people for a new team to spur the company’s artificial general intelligence (AGI) scheme.
Source: Mobile World Live
Image Credit: Stock Image/Scale AI
