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Perplexity AI, a US-based artificial intelligence startup known for its AI-powered search engine competing with Google, has reached a valuation exceeding $18 billion following a recent $100 million funding round. This valuation marks a substantial increase from the $14 billion valuation reported just two months prior and a dramatic rise from $500 million at the start of 2024. The company's annualized revenues have surged from $35 million in August 2024 to $150 million as of July 2025, reflecting rapid growth and increased investor confidence in AI technologies. The latest funding round is considered an extension of the previous one, underscoring Perplexity's expanding market presence in the AI sector.
Perplexity is officially in the big leagues. Its valuation has skyrocketed to $18B, just months after hitting $14B. https://t.co/vnPgLfyJbu
Still dwarfed by Google but growing. Wonder when Apple or Meta will acquired it :) -> Perplexity was valued at $18B in a reported $100M extension round; its annualized revenues jumped from $35M in August 2024 to $150M this month “The endgame is the browser and agents that not https://t.co/k30OczcCnA
Startup Perplexity AI hits $18 billion valuation after $100 million funding round The company raised $100 million in this latest investment, which builds on a previous round from a few months ago that valued Perplexity at $14 billion. Read more at: https://t.co/NJBusI0sNQ
