As race for AI startups heats up, Apple, Meta mull Perplexity acquisition

While Apples internal discussions on potentially bidding for the AI startup are at an early stage, a Bloomberg News report said that Meta Platforms tried to buy Perplexity earlier this year. These actions are driven by the fact that while Google continues to dominate the search engine space globally, AI-powered alternatives like Perplexity and ChatGPT are gaining traction, particularly among younger users.