Perplexity finalises $20 billion valuation round: Report

Share via:



AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowledge of the matter.

Reuters could not immediately verify this report and Perplexity did not immediately respond to a request for comment.

Run by Aravind Srinivas, Perplexity in August made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a bid far above its own valuation.

The Nvidia-backed startup has an AI browser, Comet, that can perform…



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.

Popular

More Like this

Perplexity finalises $20 billion valuation round: Report



AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowledge of the matter.

Reuters could not immediately verify this report and Perplexity did not immediately respond to a request for comment.

Run by Aravind Srinivas, Perplexity in August made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a bid far above its own valuation.

The Nvidia-backed startup has an AI browser, Comet, that can perform…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

HTC bets its open AI strategy to drive smartglasses...

Taiwan's HTC is betting its open ⁠platform strategy...

HTC bets its open AI strategy to drive smartglasses...

Taiwan's HTC is betting its open ⁠platform strategy...

IPO-bound Rentomojo doubles net profit on 37% revenue growth...

Furniture and electronics rental startup Rentomojo, which is...

Popular