CNBC November 5, 2024
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....