CNBC November 5, 2024
Hayden Field

Key Points

– Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

– The artificial-intelligence search engine startup competes against the likes of Google and ChatGPT-maker OpenAI.

– Perplexity started the year with a roughly $500 million valuation. Since then, the company has continued to attract investor interest amid the generative AI boom, raising four funding rounds so far this year.

Perplexity AI, the artificial-intelligence search engine startup, is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

The startup competes against the likes of Google and ChatGPT-maker OpenAI....

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