Reported 1 day ago
Perplexity AI is currently negotiating to raise funds with a valuation of $18 billion, up from a previous $9 billion, as the Nvidia-backed startup responds to increasing demand for its search tools. The company is aiming to secure between $500 million and $1 billion in this funding round. Noted for its innovative AI search capabilities, Perplexity is looking to enhance its competitiveness against major players like Google and Microsoft, while facing scrutiny over allegations of plagiarism. Recent developments include the introduction of a new AI web browser and advanced research features.
Source: YAHOO