AI firm Perplexity eyes $14 billion in valuation in fresh funding round: Report

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Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup at $14 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Venture capital firm Accel is set to lead the round, the report said.

Perplexity did not immediately respond to a Reuters request for comment.

The Nvidia-backed startup provides artificial intelligence search tools that deliver information summaries to users, similar to OpenAI’s ChatGPT and Google’s Gemini.

The rapid evolution of AI chatbots in…



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AI firm Perplexity eyes $14 billion in valuation in fresh funding round: Report


Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup at $14 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Venture capital firm Accel is set to lead the round, the report said.

Perplexity did not immediately respond to a Reuters request for comment.

The Nvidia-backed startup provides artificial intelligence search tools that deliver information summaries to users, similar to OpenAI’s ChatGPT and Google’s Gemini.

The rapid evolution of AI chatbots in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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