EddieJayonCrypto
12 May 25
AI search startup Perplexity is in advanced talks to raise $500 million, valuing the company at $14 billion, up from $9 billion last year and $520 million in January 2024. The funding round is expected to be led by Accel with continued support from Nvidia. Perplexity offers an AI search platform com...
AI search startup Perplexity is raising $500 million at a $14 billion valuation, up from $9 billion last year and $520 million in January 2024. The funding round is expected to be led by Accel with continued support from Nvidia. Perplexity’s AI search platform combines natural language processing with real-time web indexing to provide accurate, up-to-date responses, gaining popularity among researchers, students, and professionals. This rapid growth reflects strong investor confidence as the AI search market heats up, challenging Google's dominance. Speculation suggests that Apple might integrate Perplexity into its Safari browser, potentially expanding Perplexity’s user base dramatically. Earlier reports indicated Perplexity considered raising up to $1 billion at an $18 billion valuation. The company emphasizes transparency and research-friendliness, positioning itself as a factual, cited alternative to other AI chatbots. Perplexity has also hinted at possible cryptocurrency integrations, expanding its future potential. This substantial valuation jump highlights the growing importance and investment appetite in generative AI and real-time search technologies.