Perplexity AI Targets $9 Billion Valuation in Major Funding Round πŸš€

AI search startup Perplexity AI plans to double its valuation to $9 billion in upcoming funding, signaling strong growth and investor confidence in the future of AI-powered search technology.

Perplexity AI Targets $9 Billion Valuation in Major Funding Round πŸš€
Benzinga
511 views β€’ Oct 21, 2024
Perplexity AI Targets $9 Billion Valuation in Major Funding Round πŸš€

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Perplexity AI, a search engine startup focused on artificial intelligence, aims to double its valuation to $9 billion in its next funding round. The company was valued at $3 billion in June and is now looking to raise approximately $500 million. The startup competes in the generative AI space alongside leaders like OpenAI and has raised three funding rounds this year. Perplexity AI has faced plagiarism accusations from media outlets for allegedly scraping content to generate its answers. The company has denied these claims.

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511

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Published

Oct 21, 2024

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