Aside from the revenue being question marks, they're at risk of losing that deal because of Google's antitrust, and Apple are about to face their own antitrust trial for restricting competition...
> Perplexity would get access to the 2 billion+ Apple devices in circulation and become an AI force on par with ChatGPT.
There is nothing they are proposing that requires Apple acquire Perplexity vs empower them to create value upon their platform and reaping those benefits: more device sales and associated service revenue.
Apple is not setup to ingest data at a large scale, analyze them and make anything useful about it. It will be such a weird cultural mismatch. For perplexity to be effective, they need to hoover worlds information at industrial scale, which Apple doesnt historically like.
I dont see a path for Apple to get effective in AI, by themselves. Apple made the bed with claiming data is radioactive, and now those decisions are coming to bite them in the ass.
almosthere•3h ago