Apple is considering buying the Perplexity service - a ChatGPT competitor
Kyiv • UNN
Apple is considering acquiring the startup Perplexity AI to strengthen its position in the artificial intelligence field. This deal will help the company develop its own AI-based search engine, which is an important step given the threat of the agreement with Google being terminated.
Apple Inc. executives have held internal discussions about a potential bid to acquire the artificial intelligence startup Perplexity AI. The company aims to meet the demand for more specialists and technologies in the field of artificial intelligence, Bloomberg reports, writes UNN.
Details
Adrian Perica, head of mergers and acquisitions, discussed the idea with Services chief Eddy Cue and key AI decision-makers.
Such a deal would help Apple develop an AI-powered search engine, part of an effort to try and cope with the potential loss of a long-standing agreement with Google.
This partnership, which makes Google the default browser on devices, generates approximately $20 billion annually for Apple. It is now under threat from US antitrust regulators.
To date, Apple executives have not discussed the possibility of bidding with Perplexity management. Bloomberg News reported earlier on Friday that Meta Platforms Inc. attempted to buy Perplexity earlier this year.
We are unaware of any current or future M&A discussions involving Perplexity
Reference
Perplexity provides real-time answers to questions using the latest information from the internet. The company recently completed an investment round that valued it at $14 billion.
A deal close to this level would be the largest acquisition in Apple's history. The company's largest deal remains the acquisition of Beats for $3 billion in 2014, although Apple has made other multi-billion dollar deals for Intel Corp.'s modem division and a stake in the Chinese ride-sharing company DiDi.
Addition
Apple introduced iOS 26 with a revamped Liquid Glass design language and program enhancements. Call filtering, background customization in messages, and a live translation feature have been added.
At WWDC 2025, Apple will focus on software updates, but there are questions regarding AI development, tariffs, and manufacturing relocation. A UI redesign and OS name changes are possible.