According to a prominent Wall Street analyst, Apple must contemplate a substantial acquisition to accelerate its progress in the artificial intelligence domain. While other industry leaders like Google and OpenAI have made considerable strides in AI development, Apple appears to be trailing, needing a decisive action to catch up.
\nThe proposed solution involves Apple’s acquisition of Perplexity, a company recognized for its advanced AI-driven search engine. Such a strategic integration could fundamentally transform Apple's AI approach, seamlessly enhancing its virtual assistant, Siri. Perplexity's AI algorithms and underlying technology are highly regarded as some of the most sophisticated in the current AI ecosystem.
\nDespite Perplexity's private valuation nearing $14 billion, the analyst contends that Apple should be prepared to invest upwards of $30 billion for the acquisition. This seemingly high figure is considered a minor investment when weighed against the substantial revenue generation opportunities that robust AI integration could unlock for Apple.
\nThe postponement of an AI-enhanced Siri has been a source of disappointment for both investors and analysts. Initially slated for an earlier release, a more sophisticated version of Siri is now not anticipated before 2026. This delay underscores the urgency for Apple to find external solutions to accelerate its AI development.
\nApple has reportedly engaged with major AI developers like OpenAI and Anthropic to consider integrating their advanced AI models, rather than relying solely on internal innovations. Furthermore, Apple's senior vice president of services has indicated an interest in incorporating Perplexity’s search engine, signaling a clear direction towards leveraging external expertise. Perplexity has also recently launched its own AI-powered web browser, Comet, positioning itself as a direct competitor to established browsers like Google Chrome, available to its premium subscribers.
\nThe push for rapid AI advancement at Apple is amplified by recent high-profile departures from its AI leadership. The company’s head of foundational models reportedly joined a rival firm, Meta Platforms, after receiving a lucrative offer. This underscores the intense competition for top AI talent and the critical need for Apple to secure its AI future.