All articles tagged with #ai acquisition
Originally Published 12 days ago — by Bloomberg.com
Meta is acquiring Manus, a Singapore-based AI startup with Chinese origins, for over $2 billion to enhance its AI capabilities, continue operating Manus services, and integrate its technology into Meta's products, amid ongoing US-China AI competition.
Originally Published 13 days ago — by CNBC
Meta Platforms has acquired Manus, a Singapore-based AI startup known for its general-purpose AI agents, in a deal reportedly over $2 billion, as part of its broader strategy to expand its AI capabilities and talent pool, including investments in various AI startups and integration of advanced automation into its products.
Originally Published 16 days ago — by Yahoo Finance
Nvidia has made its largest acquisition to date by purchasing Groq for $20 billion, strengthening its AI capabilities amid rising geopolitical and regulatory challenges, including investigations into its supply chain and potential chip smuggling into China.
Originally Published 26 days ago — by Phoronix
Red Hat has acquired Chatterbox Labs, a company specializing in AI model testing and safety guardrails, to enhance its open-source AI platform and address the growing need for AI security and model monitoring in enterprise applications. The company plans to open-source Chatterbox Labs' technology over time.
Originally Published 6 months ago — by TipRanks
Wedbush analyst Daniel Ives advocates for Apple to acquire Perplexity AI, a promising AI search engine backed by Nvidia, estimating a $30 billion deal that could significantly accelerate Apple's AI capabilities and strategy, marking a major shift in its M&A approach.
Originally Published 6 months ago — by MarketWatch
Apple's stock has declined due to concerns over its AI capabilities lagging behind competitors, but recent talks of acquiring AI startup Perplexity could help the company catch up, improve its services, and boost its stock, despite potential challenges and risks involved in such a large acquisition.
Originally Published 6 months ago — by ZDNet
Apple is considering acquiring AI startup Perplexity, which could be its largest purchase to date, aiming to enhance its AI capabilities and compete with Google and other tech giants in the generative AI space. The move reflects Apple's efforts to catch up in AI innovation, especially after lagging behind competitors like Microsoft and Google, and could significantly impact the AI search landscape.
Originally Published 6 months ago — by Wccftech
Apple is considering acquiring AI startup Perplexity to strengthen its position in the generative AI space, with discussions led by top executives. The deal, potentially valued at $14 billion, could enhance Siri and search features, especially as Apple faces competition from firms like OpenAI and Meta, and as it seeks to reduce its reliance on Google for search revenue. The talks are in early stages, and a partnership or acquisition could significantly impact Apple's AI capabilities and market strategy.
Originally Published 6 months ago — by Bloomberg
Apple is considering acquiring Perplexity AI to bolster its AI capabilities and develop an AI-based search engine, potentially as a strategic move to replace its Google partnership amid antitrust concerns. The discussions are in early stages, and a deal could be significant, possibly the largest in Apple's history, depending on valuation and negotiations. The move is part of Apple's broader effort to catch up in generative AI and improve its AI features across products.
Originally Published 6 months ago — by Reuters
Apple is in early internal discussions about potentially acquiring AI startup Perplexity to enhance its AI search capabilities, possibly integrating it into Safari and moving away from Google, amid rising competition in AI-powered search tools. The deal could be Apple's largest acquisition to date, valued around $14 billion, though no formal offer has been made yet.
Originally Published 6 months ago — by 9to5Mac
Apple is reportedly considering its largest acquisition ever by exploring a deal to buy Perplexity AI, a fast-growing conversational web search startup valued at $14 billion, to bolster its AI capabilities amid increasing competition and potential search engine shifts. The talks are still in early stages, and the move could provide Apple with AI talent, a consumer-facing product, and help counteract the threat of losing its search deal with Google.
Originally Published 6 months ago — by Bloomberg
Meta considered acquiring AI startup Perplexity AI before investing in Scale AI, but the deal was not finalized. The company also attempted to recruit Perplexity's CEO to bolster its AI capabilities amid a broader push to catch up in the AI race, involving significant hires and investments, including a $14.3 billion stake in Scale AI.
Originally Published 7 months ago — by The Washington Post
Meta is investing $15 billion for a 49% stake in Scale AI to bolster its AI capabilities and develop super intelligence, marking one of its largest acquisitions since 2014, amid increasing competition and regulatory scrutiny in the AI sector.
Originally Published 7 months ago — by TechCrunch
IBM has acquired Seek AI, a startup specializing in natural language data analysis, and launched the Watsonx AI Labs accelerator in NYC to enhance AI development for enterprise solutions, aiming to leverage local talent and foster innovation.