Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Perplexity AI, an artificial intelligence-powered search startup, is close to finalizing a $500 million funding round led by Institutional Venture Partners (IVP). This funding is expected to triple the company's valuation to $9 billion, reflecting a significant surge in investor interest in the AI sector. This upcoming round marks Perplexity's fourth funding effort this year, highlighting the growing enthusiasm for AI startups amid increasing competition from established players like Google and OpenAI. The anticipated $200 billion in capital expenditures by major tech firms this year further underscores the urgency for these companies to scale their AI infrastructure and deliver tangible returns.
Perplexity #AI nears a $500M funding round at a $9B valuation as investor interest rises with the surge of generative AI, challenging giants like #Google and #OpenAI in the AI search market. 🚀💼 #AIInvestment #AINews #Technology https://t.co/IwzdDRlwLd
Perplexity is raising new investment that would value the search startup at $9 billion, a source familiar with the matter said Tuesday, a sign of heightened investor enthusiasm around artificial intelligence companies. https://t.co/tXnSxGv1AT
🤖📊 Perplexity AI (@perplexity_ai) to raise $500M at $9B valuation: Can it challenge OpenAI’s SearchGPT? https://t.co/b6bQSCkrH5 #tech #funding #news #AI #GenAI #OpenAI