Perplexity provides real-time answers to questions using the latest information from the web. The company recently said it is handling 780 million queries each month with that figure increasing more than 20% month over month. Google shares reversed gains and fell nearly 1% in late trading after Bloomberg reported on Apple’s Perplexity discussions.

Apple Inc. has reportedly begun internal deliberations over a potential acquisition of Perplexity, a company valued at $14 billion.

Apple considers $14B Perplexity AI acquisition to reduce Google dependence and boost AI capabilities. Could be tech giant's largest purchase ever.