US EditionApple Internally Discussed Buying Mistral, Perplexity, the Information Reports
Apple executives debate acquiring AI firms Mistral and Perplexity to address AI shortfalls amid uncertainty over its Google Search partnership, with internal opinions divided.
- Apple has internally discussed acquiring French AI startup Mistral as well as Perplexity, according to a report by The Information.
- Mistral was valued at more than $6 billion after its Series B funding round last year, while Perplexity was in talks to raise $1 billion at a $10 billion valuation.
- Apple has trailed rivals such as Google and Samsung in terms of rolling out AI features in its devices, prompting CEO Tim Cook to signal openness to larger AI-related acquisitions.
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Josh Brown says if Apple announced a deal with Perplexity AI, the shares would hit a record that very day
The CEO of Ritholtz Wealth Management made his comments following a report from The Information, citing people familiar, that said Apple executives are discussing the possibility of buying the startup.
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machash.comCue vs. Federighi: Executives differ on if Apple should buy their way out of AI crisis
An internal clash between Eddy Cue and Craig Federighi about Apple Intelligence captures the company's dilemma over whether to spend big or stick to its culture of caution.Does Apple Intelligence need outside help?Apple is weighing acquisitions of Mistral and Perplexity as pressure mounts on its $20 billion Google search deal. Both startups offer Apple a possible lifeline as rivals pour billions into artificial intelligence.Services chief Eddy C…
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Total News Sources27
Leaning Left2Leaning Right1Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 20%
C 70%
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