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Perplexity reportedly raised $200M at $20B valuation
The AI-powered search startup's valuation jumped from $18 billion two months earlier.
Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation, The Information reported. Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data. The offer came after the Justice Department, alleging that Google was acting anticompetitively, proposed that the company sell its web browser.
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