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Apple Executives Are Considering Acquiring Perplexity To Obtain An Advantage In The Generative AI Space, As Its Own Efforts Have Yet To Produce Meaningful Results

Apple executives are discussing the possibility of acquiring Perplexity

The struggles with generative AI forced Apple’s own shareholder to file a lawsuit over delayed Siri features, indicating the company’s current position in this specific area is considerably weak, as other firms such as OpenAI, Meta, Microsoft, and others continue to establish a convincing lead against its competitor. The Cupertino firm is now reportedly exploring different options, with Apple executives mulling the acquisition of Perplexity, a leading AI startup, to help fuel its growth in this space. Perplexity is valued at $14 billion, and assuming Apple acquires it for the same amount, it would be the company’s most expensive purchase […]

Read full article at https://wccftech.com/apple-executives-are-considering-acquiring-perplexity/



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