logo
Samsung's big bet: Perplexity AI could soon be everywhere on its devices

Samsung's big bet: Perplexity AI could soon be everywhere on its devices

Samsung Electronics is close to finalising a significant partnership with Perplexity AI Inc, an artificial intelligence (AI) search technology startup, Bloomberg reported.
The South Korean tech giant is negotiating to preload Perplexity's app and assistant onto its upcoming devices. Additionally, Samsung aims to integrate Perplexity's search features into its web browser. Talks have also covered incorporating the startup's technology into Samsung's Bixby virtual assistant, the report said.
Samsung plans to unveil the Perplexity integrations as early as this year, with the goal of making it a default assistant option on the Galaxy S26, expected to launch in the first half of 2026. However, the specifics of the deal are still being finalised and may change, the sources noted.
So far, the company has relied significantly on Google's Gemini to support a range of AI capabilities within its Galaxy AI suite.
Significant investment in Perplexity
In addition to the technology partnership, Samsung is expected to participate in Perplexity's upcoming funding round, potentially as one of its largest investors. Perplexity is currently in advanced discussions to raise $500 million at a valuation of $14 billion, the news report said.
The collaboration could help Samsung lessen its reliance on Alphabet Inc's Google and position it to work with a broader range of AI developers — a strategy similar to Apple Inc.'s approach to its ecosystem. For Perplexity, this would represent its most substantial mobile partnership to date, following a recent deal with Motorola.
The two companies began exploring a partnership earlier this year. In recent weeks, representatives from both sides met in South Korea and made significant progress toward finalising the agreement, the report said.
In addition to embedding Perplexity's technology into Samsung's devices and Bixby, the companies have also discussed developing an AI-infused operating system and an app that can connect Perplexity's capabilities with other AI assistants.
Apple's interest in Perplexity
Meanwhile, Apple has also shown interest in collaborating with Perplexity. According to Bloomberg News, Apple has considered using Perplexity as an alternative to Google Search and as a replacement for ChatGPT within the Siri voice assistant.
'We've been pretty impressed with what Perplexity has done, so we've started some discussions with them about what they're doing,' Eddy Cue, Apple's senior vice-president of services, said during recent testimony at a Google antitrust trial.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hyundai, Kia offload Ola Electric stakes via block deals
Hyundai, Kia offload Ola Electric stakes via block deals

New Indian Express

time3 hours ago

  • New Indian Express

Hyundai, Kia offload Ola Electric stakes via block deals

South Korean automakers - Hyundai Motor and Kia Corporation - have divested their entire shareholding in Ola Electric Mobility through block deals, marking a strategic exit from the loss-making electric two-wheeler manufacturer. Hyundai sold 10.8 crore shares at Rs 50.70 apiece, amounting to Rs 552 crore, while Kia sold 2.7 crore shares at Rs 50.55 each, amounting to Rs 138 crores, showed NSE bulk deal data. Shares of Ola Electric closed 8.12% lower at Rs 49.33 on the BSE on Tuesday, As of March 2025, BSE data shows that Hyundai held a 2.4% public stake in the company. Citigroup Global Markets Mauritius purchased 8.61 crore shares at Rs 50.55 per share, thus investing ₹437 crore investment in Ola Electric. The exit by Hyundai and Kia comes days after Ola Electric reported that its losses more than doubled to Rs 870 crore in the fourth quarter of financial year 2025 (Q4FY25) as against Rs 416 crore loss reported in the same quarter of last fiscal (Q4FY24). The company's revenue from operations dropped 59.5% year-on-year to Rs 716 crore. The fall in and bottomline and topline performance is primarily attributed to a sharp decline in sales amid increasing competition from legacy players. Vehicle deliveries came down to 51,375 units in Q4FY25 from 115,000 units in Q4FY24. The company, however, claims to have retained market leadership for FY25, with full-year deliveries coming at 359,000 units, up from 329,000 a year earlier.

Ola Electric bulk deal: Hyundai Motor exits Ola Electric, offloads ₹690-crore worth of shares with Kia Corp
Ola Electric bulk deal: Hyundai Motor exits Ola Electric, offloads ₹690-crore worth of shares with Kia Corp

Mint

time5 hours ago

  • Mint

Ola Electric bulk deal: Hyundai Motor exits Ola Electric, offloads ₹690-crore worth of shares with Kia Corp

South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for ₹ 552 crore through an open market transaction. According to the bulk deal data available on the NSE, Hyundai Motor Company sold more than 10.88 crore shares or 2.47 per cent stake in Bengaluru-based Ola Electric Mobility. The shares were disposed of at an average price of ₹ 50.70 apiece, taking the transaction value to ₹ 551.96 crore. In a separate transaction, Kia Corporation, a part of global Hyundai-Kia Automotive Group, also offloaded over 2.71 crore shares, representing a 0.62 per cent stake in Ola Electric Mobility. The shares were sold by Kia Corporation at an average price of ₹ 50.55 per piece, taking the deal value to ₹ 137.35 crore. Meanwhile, Citigroup Global Markets Mauritius purchased over 8.61 crore shares, amounting to a 1.95 per cent stake in electric two-wheeler company Ola Electric Mobility for ₹ 435 crore. The shares were acquired at an average price of ₹ 50.55 apiece. This took the deal value to ₹ 435.47 crore. Details of the other buyers of Ola Electric Mobility's shares could not be ascertained on the National Stock Exchange (NSE). The share sale comes as the Bhavish Aggarwal-led firm faces multiple crises, marred by operational delays, weak demand and rising competition. Ola's shares slumped 8.1% on Tuesday, the most in seven months. This pushed this year's plunge to 42%, after a blockbuster listing in August. Ola has also been under increased scrutiny over its method of counting vehicle bookings as well as seen raids and vehicle seizures by local transport officials for lapses in regulatory compliances. The scrip of Ola Electric Mobility declined 7.58 per cent to close at ₹ 49.61 apiece on the NSE. Last week, Ola Electric reported a consolidated net loss of ₹ 870 crore for the fourth quarter ended March 31, 2025, while noting that it is targeting profitability in the current fiscal. The company had reported a net loss of ₹ 416 crore in the January-March quarter of the 2023-24 fiscal. The revenue from operations declined to ₹ 611 crore compared to ₹ 1,598 crore in the year-ago period, the company said.

Apple Worldwide Developers Conference WWDC 2025: Date, time, keynote address and how to watch event live
Apple Worldwide Developers Conference WWDC 2025: Date, time, keynote address and how to watch event live

Economic Times

time5 hours ago

  • Economic Times

Apple Worldwide Developers Conference WWDC 2025: Date, time, keynote address and how to watch event live

What's the date and time of Apple Worldwide Developers Conference WWDC 2025? When and how can you watch the WWDC keynote? Live Events How can I watch the event live? What updates might Apple announce this year? FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel A week filled with technology, innovation, and creativity awaits you! Apple has revealed an impressive range of offerings for its annual Worldwide Developers Conference (WWDC), featuring the highly anticipated Keynote and Platforms State of the the week, developers globally have the opportunity to engage with Apple engineers and designers while accessing over 100 sessions designed to unveil the latest enhancements for creating standout apps and games across Apple year's Worldwide Developers Conference hosted by Apple is set for June 9 to 13. On June 9, Apple is set to host a special event at Apple Park, where myriads of developers and students will gather in can watch the Apple Keynote on June 9 at 10:00 a.m. begins with an early preview of the revolutionary updates that will be made to Apple platforms. Apple TV, the Apple YouTube channel, and will all offer streaming access to the Keynote. There will be on-demand playback available following the stream's more thorough, technical explanations of the new software features it announces, Apple will also hold online developer streaming of the event will be available on YouTube, Apple TV, and Apple's Intelligence may not have fully delivered on its initial promise, yet during the WWDC keynote presentation at 1PM ET / 10AM PT on June 9, the company has the opportunity to explain why that could be can expect updates to iOS, macOS, and other Apple products, as well as rumored redesigns, new features like a virtual health coach, and news about the future of Apple Intelligence, as per a report by keynote will be available for streaming on Apple's website, YouTube, and Apple TV starting from June 9 at 10 a.m. features for iOS, iPadOS, macOS, and more, including multitasking changes, health tools, and possibly OS name changes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store