News on Medial

AI search engine startup Perplexity AI raises $62.7M in funding at a valuation of $1.07 billion

IndianStartupNewsIndianStartupNews ยท 1y ago
AI search engine startup Perplexity AI raises $62.7M in funding at a valuation of $1.07 billion
Medial

AI search engine startup Perplexity AI has raised $62.7 million in funding, bringing its valuation to $1.04 billion. Led by former Y Combinator AI head Daniel Gross, the funding will be used to expand usage among consumers and knowledge workers within enterprises. Perplexity AI has also formed partnerships with Deutsche Telekom and SoftBank to reach a global audience of 116 million users. The San Francisco-based startup utilizes AI and chatbot technologies to provide a unique search experience that directly answers user queries with accurate information and source citations. They have also launched the Perplexity Enterprise Pro plan for the enterprise market.

Related News

Download the medial app to read full posts, comements and news.