Perplexity in Early Talks for Funding at $18 Billion Value
Last year, Perplexity tripled its valuation from $1 billion to $3 billion and then tripled it again several months later.
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Perplexity AI Inc., a startup building an artificial intelligence search engine to compete with Google, is in early talks to double its valuation to $18 billion in a new funding round, according to a person familiar with the matter.
The company has discussed raising as much as $500 million to $1 billion in the round, according to the person, who asked not to be identified because the information isn’t public. The conversations are still early and the details could change.