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Techmeme: A look at Apples conservative approach to M A . . . A look at Apple's conservative approach to M A, which may need to change to catch up in AI by acquiring a startup like Perplexity, Cohere, Sierra AI, or Mistral — Apple will need to make the biggest acquisition in its history to put an end to its artificial intelligence debacle
Strategic Imperative: Apple’s Potential $14 Billion . . . Perplexity’s investor roster—including IVP, NEA, and Sequoia—stands to generate 30x returns from a $14 billion exit based on early funding rounds The deal would validate AI infrastructure investments after 2024’s valuation corrections, potentially reigniting funding for conversational AI startups
Apple Internally Discussing Whether to Bid to Acquire . . . Perplexity's most recent funding round valued the company at $14 billion, so an outright acquisition by Apple would undoubtedly be by far the largest deal in the Cupertino company's history
Apple’s next big AI move might be buying Perplexity . . . Bloomberg reports on internal talks among Apple executives to potentially bid on Perplexity AI Adrian Perica, Apple's VP of corporate development, reportedly discussed the idea with Eddy Cue, SVP