AI startup Perplexity to triple valuation to $9 billion in new funding round
1 month, 2 weeks ago

AI startup Perplexity to triple valuation to $9 billion in new funding round

Live Mint  

Perplexity is finalizing a new funding round that would value it at $9 billion—triple its valuation from just a few months ago—the latest sign of continued investor excitement for artificial intelligence startups. The Wall Street Journal reported in October that Perplexity was in talks for a new funding round that would value it at $8 billion or more. Wall Street Journal parent company Dow Jones recently sued Perplexity and the New York Times sent it a “cease and desist" notice. Perplexity Chief Executive Aravind Srinivas said at The Wall Street Journal’s Tech Live conference last month that he wants to reach revenue-sharing partnerships with news publishers.

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History of this topic

Perplexity Soars to $8 Billion Valuation in Funding Round
2 months ago

Perplexity Soars to $8 Billion Valuation in Funding Round

Live Mint  

Perplexity is seeking to raise $500 million in a funding round, aiming to more than double its valuation to $8 billion or more. The startup's annualized revenue is currently about $50 million, but it recently launched an enterprise version for corporate customers that searches their internal files and will soon start selling advertisements, broadening its sources of revenue.

Perplexity AI to launch ads on search platform by fourth quarter
4 months ago

Perplexity AI to launch ads on search platform by fourth quarter

The Hindu  

Nvidia and Jeff Bezos-backed Perplexity AI said on Thursday that it plans to introduce advertising on its artificial intelligence-powered search platform by the fourth quarter. Since ChatGPT first launched in November 2022, major search engines have been trying to integrate AI into web search, and analysts have viewed AI-assisted search as a threat to Google's dominant position in the industry …

Perplexity AI starts ad-revenue sharing partnership after weeks of plagiarism allegations
4 months, 3 weeks ago

Perplexity AI starts ad-revenue sharing partnership after weeks of plagiarism allegations

The Hindu  

AI search startup Perplexity has launched a revenue-sharing model for publishers after a constant stream of plagiarism accusations. Several media outlets and content platforms including Fortune, Time, Entrepreneur, The Texas Tribune, Der Spiegel and Wordpress.com will be a part of the firm’s ‘Publishers Program.’ Earlier in June, media companies like Forbes and Wired had found Perplexity AI plagiarising versions of …

AI startup Perplexity wants to upend search business. News outlet Forbes says it’s ripping them off
6 months, 1 week ago

AI startup Perplexity wants to upend search business. News outlet Forbes says it’s ripping them off

Associated Press  

The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information. “If the people who are leading the charge don’t have a fundamental respect for the hard work of doing proprietary reporting, and keeping …

AI Search Startup Perplexity Valued at $1 Billion in Funding Round
8 months ago

AI Search Startup Perplexity Valued at $1 Billion in Funding Round

Bloomberg  

Perplexity AI, a startup using artificial intelligence to build a search engine to compete with Alphabet Inc. ’s Google, has raised about $63 million in a new funding round that values the company at more than $1 billion. Founded less than two years ago, Perplexity offers an AI chatbot that summarizes search results, lists citations for its answers and helps …

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival
9 months, 1 week ago

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival

Hindustan Times  

Amazon founder Jeff Bezos has heavily bet on Perplexity AI, a startup that is taking on the search giant Google. This means that Jeff Bezos' investment has nearly doubled in the company in just a few months as Perplexity AI has reached 10 million monthly active users. In January this year, Perplexity reached 10 million monthly active users and served …

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