Overview
- The agreement lets Perplexity run models from OpenAI, Anthropic, and xAI through Microsoft’s Foundry program.
- Microsoft confirmed the partnership to Reuters, while multiple reports put the value at $750 million over three years.
- A Perplexity spokesperson said the company is partnering with Microsoft for access to frontier models, but AWS remains its preferred cloud provider.
- Perplexity has been sued by Amazon over its Comet shopping agent, and the new arrangement expands Perplexity’s infrastructure options.
- The deal arrives one day after Microsoft shares fell nearly 10% on slower Azure growth and softer margin guidance, with analysts trimming price targets yet maintaining a Strong Buy consensus.