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Perplexity AI in Early Talks for Funding, Eyes $18 Billion Valuation
Perplexity AI Inc. is a startup that aims to challenge Google with its AI-powered search engine. Founded in 2022, the company has grown rapidly and is now in talks to raise up to $1 billion, which could double its valuation to $18 billion. This follows a series of funding rounds that saw its value surge from $1 billion to $9 billion in just a year. With over 15 million active users and a growing set of AI-driven features, Perplexity is attracting strong investor interest. However, it faces competition from tech giants like Google and OpenAI in the AI search space....
