Perplexity AI Inc., a company developing an AI-powered search engine to compete with Google, has secured $500 million in new funding. According to reporting by Shirin Ghaffary for Bloomberg, the investment was led by Institutional Venture Partners and values the company at $9 billion. The valuation represents a dramatic increase from the company’s $3 billion … Read more
Former Google employees are playing a significant role in shaping the artificial intelligence industry, according to a new study by WriterBuddy.ai. The research found that 14 of the top 50 AI startups are led by ex-Google staff, with these companies collectively raising $14.7 billion in funding and achieving a combined valuation of $71.6 billion. The … Read more
As reported a few weeks ago, Perplexity has introduced an AI-powered shopping assistant for its US subscribers that aims to automate online purchases. The new service allows the AI to navigate retail websites, search for products, and complete checkout processes on behalf of customers. The system uses Stripe’s payment infrastructure to generate single-use debit cards … Read more
AnyChat, a new development tool, enables seamless integration of multiple large language models (LLMs) through a single interface. Developer Ahsen Khaliq, machine learning growth lead at Gradio, created the platform to allow users to switch between models like ChatGPT, Google’s Gemini, Perplexity, Claude, and Meta’s LLaMA without being restricted to one provider, as reported by … Read more
AI-powered search engine Perplexity has introduced a new shopping feature that enables direct purchases through its platform for Pro subscribers in the United States. As reported by Ivan Mehta, the service integrates with various sellers, including Shopify merchants, to provide product recommendations, pricing details, and one-click checkout capabilities. The feature displays visual cards with product … Read more
AI search engine Perplexity announced it will begin experimenting with showing ads labeled as “sponsored follow-up questions” next to search results in the U.S. According to a blog post by the company, the ads will help generate revenue to share with publisher partners, as “subscriptions alone do not generate enough revenue to create a sustainable … Read more
AI search startup Perplexity is set to raise $500 million at a $9 billion valuation, tripling its worth from a few months ago, according to people familiar with the matter. Reported by Berber Jin for the Wall Street Journal, this would be Perplexity’s fourth funding round this year, and the company has faced criticism from … Read more
AI search engine Perplexity has written a blog post in response to a lawsuit filed by media company News Corp, which accuses the startup of copyright infringement. According to Perplexity’s Maxwell Zeff, media companies wish this technology didn’t exist and that they could live in a world where facts are owned by corporations. Perplexity claims … Read more
Dow Jones & Co. and the New York Post are suing the AI startup Perplexity for copyright infringement, according to Variety. The lawsuit, filed on Oct. 21 in the U.S. District Court for the Southern District of New York, alleges Perplexity illegally copies copyrighted works to divert readers and revenue from publishers. Perplexity’s platform allows … Read more
AI startup Perplexity is in funding talks to double its valuation to $8 billion or more. The company is looking to raise around $500 million in its fourth round of funding within a year, according to the Wall Street Journal. The move comes on the heels of major investments in OpenAI and is intended to … Read more