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Perplexity Valued at $1 Billion as It Challenges Google Search
AlphabetAlphabet(US:GOOG) PYMNTS·2024-04-24 04:14

Perplexity has reportedly raised 63millionasitaimstocompetewith Googles searchengine.The newfundinground valuestheartificialintelligence(AI)startupat63 million as it aims to compete with Google’s search engine.The new funding round values the artificial intelligence (AI) startup at 1 billion, marking a two-fold jump in valuation so far this year, Bloomberg News reported Tuesday (April 23).As the report notes, the not yet 2-year-old company offers an AI chatbot that summarizes search results, offers citations for its answers and helps users hone their queries for the best responses. Fans include Nvidia CEO Jensen Huang, ...