PYMNTS.com February 25, 2025

Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups.

The company, which is an AI startup itself, will be an anchor investor in the fund, but outside limited partners will provide most of the capital, CNBC reported Tuesday (Feb. 25), citing unnamed sources.

Reached by PYMNTS, Perplexity declined to comment on the report.

It was reported in December that the company closed a $500 million funding round earlier that month, with its backers including SoftBank, Nvidia and Amazon founder Jeff Bezos.

The round tripled Perplexity’s valuation to $9 billion.

On Monday (Feb. 24), Perplexity announced that it plans to launch its own web browser, dubbed Comet, and invited people...

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