Meta Platforms Inc. considered purchasing artificial intelligence search startup Perplexity AI Inc. before deciding on a multibillion-dollar investment in Scale AI. The two companies failed to reach an agreement, prompting the deal’s abandonment. Perplexity recently secured $14 billion in funding at a valuation of that amount. Meta will now move forward with its investment in Scale AI.
Source: https://www.bloomberg.com/news/articles/2025-06-20/meta-discussed-buying-perplexity-before-investing-in-scale-ai