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Perplexity is reportedly in talks to raise up to $1B at an $18B valuation
AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion.
Bloomberg, citing a person familiar with the matter, reported on Thursday that Perplexity’s annual recurring revenue has now reached $100 million. Rumors of a new round come as competition in the AI-powered search space heats up. We’ve reached out to Perplexity for comment on the fundraising rumors and will update this post if we hear back.
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