Meta Platforms Inc. held discussions with artificial intelligence search startup Perplexity AI Inc. about a possible takeover before moving ahead with a multibillion-dollar investment in Scale AI, according to people familiar with the matter.

Meta Platforms, Inc.s accelerates its AI strategy with a $14.3B Scale AI investment. Click for META's long-term potential and overlooked risks shaping the market.

Meta Platforms Inc. is close to finalizing an investment of over $10 billion in Scale AI. According to people who know the matter, this top artificial intelligence startup provides data labeling services.