Perplexity AI eyes $14 billion in valuation in fresh funding round: Report

Perplexity did not instantly respond to a Reuters petition for remark [File] | Photo Credit: REUTERS

Perplexity AI is successful precocious talks to rise $500 cardinal successful a backing circular that would worth the startup astatine $14 billion, the Wall Street Journal reported connected Monday, citing radical acquainted with the matter.

Venture superior steadfast Accel is acceptable to pb the round, the study said.

Perplexity did not instantly respond to a Reuters petition for comment.

The Nvidia-backed startup provides artificial quality hunt tools that present accusation summaries to users, akin to OpenAI's ChatGPT and Google's Gemini.

The accelerated improvement of AI chatbots successful the past twelvemonth has driven capitalist enthusiasm successful startups and their offerings, which committedness to present faster and much elaborate responses to idiosyncratic queries.

Reuters had reported successful March that Perplexity was successful talks to rise betwixt $500 cardinal and $1 cardinal astatine an $18 cardinal valuation.

The institution raised funds astatine a $9 cardinal valuation past year.

Apple besides reportedly plans to adhd AI hunt providers specified arsenic Perplexity arsenic hunt options wrong its Safari browser - a determination which could enactment the startup's offerings connected show for a ample cohort of users.

Published - May 13, 2025 09:54 americium IST