Perplexity AI walked away from potential Meta deal before Zuckerberg's Scale AI stake
Meta PlatformsMeta Platforms(US:META) CNBC·2025-06-20 18:56

Core Insights - Meta approached Perplexity AI for a potential acquisition but ultimately did not finalize a deal, instead investing $14.3 billion in Scale AI [1][2] - The discussions between Meta and Perplexity AI were confirmed by sources, but Perplexity chose to walk away from the negotiations [1][2] - This move reflects Meta's aggressive strategy to enhance its AI capabilities in response to competition from companies like OpenAI and Alphabet [3] Company Actions - Meta's investment of $14.3 billion into Scale AI indicates a significant commitment to advancing its AI initiatives [1] - The attempt to acquire Perplexity AI highlights Meta's urgency to secure top AI talent and technology [3] Competitive Landscape - Mark Zuckerberg's frustration with competitors like OpenAI, who are perceived to be ahead in AI development, drives Meta's aggressive acquisition and investment strategy [3] - The competitive pressure from major players in the AI sector is influencing Meta's operational decisions and investment focus [3]

Meta Platforms-Perplexity AI walked away from potential Meta deal before Zuckerberg's Scale AI stake - Reportify