financetom
Business
financetom
/
Business
/
Apple executives held internal talks about buying Perplexity, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple executives held internal talks about buying Perplexity, Bloomberg News reports
Jun 20, 2025 6:35 PM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2025 - www.financetom.com All Rights Reserved