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Exclusive | AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round.
- Source :
-
Wall Street Journal - Online Edition . 11/6/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- Perplexity, an artificial intelligence search company, is set to triple its valuation to $9 billion in a new funding round, raising $500 million. The company has faced criticism for using news companies' reporting without fair compensation and is seeking revenue-sharing partnerships with news publishers. Perplexity faces competition from other AI startups like OpenAI and Google, but has shown significant growth since its founding in 2022, with prior investors including Jeff Bezos and Nvidia. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 180785622