Overview
- Top Apple executives, including M&A head Adrian Perica and Services SVP Eddy Cue, have met with Perplexity leadership to evaluate a full acquisition or a strategic partnership without making a formal bid.
- Perplexity AI’s valuation jumped to $14 billion after closing a $500 million funding round in May 2025.
- The company’s AI platform delivers conversational search results with cited sources and also supports a voice assistant and AI-driven video generation.
- A potential deal could accelerate development of a smarter Siri and offer Apple an internal alternative to its multibillion-dollar Google search agreement.
- Perplexity has faced criticism and legal threats from major publishers, including the BBC, over alleged content scraping and attribution practices.