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Perplexity is reportedly looking to fundraise at an $8B valuation


AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street

The WSJ reports that the company currently receives about 15 million queries a day and brings in around $50 million in annualized revenue. While products like OpenAI’s ChatGPT have blurred the line between chatbot and search engine, the company is moving more directly into search with SearchGPT. Perplexity did not immediately respond to a TechCrunch request for comment.

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