June 20 (Reuters) - Apple ( AAPL ) executives have held
internal talks about potentially bidding for artificial
intelligence startup Perplexity, Bloomberg News reported on
Friday, citing people with knowledge of the matter.
The discussions are at an early stage and may not lead to an
offer, the report said, adding that the tech behemoth's
executives have not discussed a bid with Perplexity's
management.
"We have no knowledge of any current or future M&A
discussions involving Perplexity," Perplexity said in response
to a Reuters' request for comment.
Apple ( AAPL ) did not immediately respond to a Reuters' request for
comment.
Big tech companies are doubling down on investments to
enhance AI capabilities and support growing demand for
AI-powered services to maintain competitive leadership in the
rapidly evolving tech landscape.
Bloomberg News also reported on Friday that Meta Platforms ( META )
tried to buy Perplexity earlier this year.
Meta announced a $14.8 billion investment in Scale AI last
week and hired Scale AI CEO Alexandr Wang to lead its new
superintelligence unit.
Adrian Perica, Apple's ( AAPL ) head of mergers and acquisitions, has
weighed the idea with services chief Eddy Cue and top AI
decision-makers, as per the report.
The iPhone maker reportedly plans to integrate AI-driven
search capabilities - such as Perplexity AI - into its Safari
browser, potentially moving away from its longstanding
partnership with Alphabet's Google.
Banning Google from paying companies to make it their
default search engine is one of the remedies proposed by the
U.S. Department of Justice to break up its dominance in online
search.
While traditional search engines such as Google still
dominate global market share, AI-powered search options
including Perplexity and ChatGPT are gaining prominence and
seeing rising user adoption, especially among younger
generations.
Perplexity recently completed a funding round that valued it
at $14 billion, Bloomberg News reported. A deal close to that
would be Apple's ( AAPL ) largest acquisition so far.
The Nvidia ( NVDA )-backed startup provides AI search tools
that deliver information summaries to users, similar to OpenAI's
ChatGPT and Google's Gemini.