Startup Perplexity AI hits $18 billion valuation after $100 million funding spherical, ETCFO
Perplexity AI has secured recent funding in a deal that values the bogus intelligence startup at $18 billion, in line with a report by Bloomberg.
The corporate raised $100 million on this newest funding, which builds on a earlier spherical from a number of months in the past that valued Perplexity at $14 billion.
The rising adoption of chatbots and the rise of AI brokers have elevated investor enthusiasm in such startups.
Again in Might, The Wall Avenue Journal reported that Perplexity was in superior discussions to lift $500 million at a $14 billion valuation, with enterprise capital agency Accel anticipated to steer the spherical.
In March, too, there have been studies that the corporate was in talks to safe between $500 million and $1 billion, aiming for an $18 billion valuation.
Final week, the Nvidia-backed firm launched ‘Comet’, a brand new net browser that includes AI-powered search instruments, as a part of its effort to tackle the dominance of Alphabet’s Google Chrome.
