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Perplexity finalises $20 billion valuation round: Report - The Economic Times

Economic Times

Economic Times · 8h ago

Perplexity finalises $20 billion valuation round: Report - The Economic Times

AI startup Perplexity has secured commitments for $200 million in new funding at a $20 billion valuation, according to a report. The company previously made a $34.5 billion offer for Alphabet's Chrome browser, significantly above its own valuation. Perplexity's AI browser, Comet, could leverage Chrome's user base to compete with larger rivals like OpenAI. The report could not be verified immediately, and Perplexity hasn’t commented on it yet.

Related News

Apple internally discussed buying Mistral, Perplexity: Report - The Economic Times

Economic Times

Economic Times · 16d ago

Apple internally discussed buying Mistral, Perplexity: Report - The Economic Times

Apple is reportedly considering acquiring French AI startup Mistral and Perplexity, signaling a shift from its conservative M&A strategy. CEO Tim Cook expressed openness to larger AI-related acquisitions to accelerate Apple's innovation roadmap. Historically trailing Google and Samsung in AI features, Apple aims to enhance its competitive edge. While the report remains unverified, Mistral, valued over $6 billion, is in ongoing talks about a $10 billion valuation. Apple, Mistral, and Perplexity have not commented.

Perplexity AI's value triples to $9 bn in latest funding round

Inshorts · 8m ago

Perplexity AI's value triples to $9 bn in latest funding round

Perplexity AI, an artificial intelligence startup co-founded by Indian-origin Aravind Srinivas, has closed a $500-million round of funding that triples its valuation to $9 billion, Bloomberg reported. In April, Perplexity was valued at $1 billion, a figure that jumped to $3 billion in June after investment from SoftBank Group's Vision Fund 2. Perplexity, founded in 2022, is rival of ChatGPT.

Perplexity Launches $20/Month Labs Tool for Pro Users, Eyes $1 Billion Raise at $18 Billion Valuation | DeepNewz VC

Business Bytes

Business Bytes · 3m ago

Perplexity Launches $20/Month Labs Tool for Pro Users, Eyes $1 Billion Raise at $18 Billion Valuation | DeepNewz VC

Perplexity recently launched a $20/month Labs tool for Pro users and is eyeing a $1 billion raise at an $18 billion valuation. Tyler Bryden poses questions about Perplexity's standing against Google AI, exploring whether the competition poses a threat to Perplexity in terms of AI search and technology innovation. The discussion highlights key themes such as AI competition, the future of AI, and the broader implications for search engines.

SoftBank to invest in search startup Perplexity AI at $3 bln valuation, Bloomberg reports

Reuters · 1y ago

SoftBank to invest in search startup Perplexity AI at $3 bln valuation, Bloomberg reports

SoftBank Group's Vision Fund 2 is reportedly investing between $10 million and $20 million in US search startup Perplexity AI. This investment is part of a larger $250 million funding round that values Perplexity at $3 billion. Perplexity offers search tools that provide users with instant answers to questions, powered by large language models. The deal has not been finalized yet, and neither Perplexity nor SoftBank have commented on the matter.

Perplexity plans to raise up to $1 bn at $18 bn valuation

Inshorts · 5m ago

Perplexity plans to raise up to $1 bn at $18 bn valuation

Perplexity AI is in early talks to raise up to $1 billion in funding at $18 billion valuation, Bloomberg reported. This new funding round could potentially double the AI startup's valuation from $9 billion as of December. Led by CEO Aravind Srinivas, the startup is backed by NVIDIA, Amazon Founder Jeff Bezos and Japan's SoftBank Group.

Figma set to debut as blockbuster US IPO lifts revival hopes - The Economic Times

Economic Times

Economic Times · 1m ago

Figma set to debut as blockbuster US IPO lifts revival hopes - The Economic Times

Figma, a design software firm, debuted in a significant US IPO, securing a $19.34 billion valuation, slightly below the $20 billion expected from a previously canceled Adobe acquisition. Priced at $33 per share, Figma raised $1.22 billion, signaling a revival in the IPO market. Backed by major investors like Sequoia Capital, Figma's focus on integrating AI into design workflows positions it among high-growth tech companies, attracting strong investor interest.

SpaceX valuation to hit around $400 billion in share sale - The Economic Times

Economic Times

Economic Times · 2m ago

SpaceX valuation to hit around $400 billion in share sale - The Economic Times

SpaceX is planning to conduct a fundraising round and sell insider shares, potentially valuing the company at around $400 billion. This would make it the largest-ever valuation for a privately held U.S. company, surpassing its previous record of $350 billion. The valuation is driven by factors like the growth of its Starlink satellite internet unit and milestones achieved with its Starship rocket program. SpaceX may sell new shares to investors and insider shares in a secondary offering.

AI Startup Perplexity Closes Funding Round at $9 Billion Value

Internet

Internet · 8m ago

AI Startup Perplexity Closes Funding Round at $9 Billion Value

Perplexity AI, one of the leading players in the artificial intelligence (AI) space, has had its valuation skyrocket to an impressive $9 billion after its latest funding round. The company raised $500 million in fresh investment earlier this month. Led by Institutional Venture Partners, the funding round highlights growing investor interest in AI-driven innovation for online search.

AI startup Perplexity in funding talks to more than double valuation to $8 bn

Livemint

Livemint · 10m ago

AI startup Perplexity in funding talks to more than double valuation to $8 bn

Perplexity, an artificial intelligence search company, is in talks to raise funds and increase its valuation to $8 billion or more. The company, which combines a search engine and AI chatbot, has raised three funding rounds in the past year, and its valuation has grown from $520 million to $3 billion. Perplexity aims to raise around $500 million in the new funding round. It currently earns revenue through premium subscriptions and plans to expand by selling advertisements. The startup has faced criticism from web publishers for allegedly using their content without permission. CEO Aravind Srinavas aims to maintain a cooperative relationship with news publishers.

Figma aims at $13.7 billion valuation as tech IPOs bounce back - The Economic Times

Economic Times

Economic Times · 1m ago

Figma aims at $13.7 billion valuation as tech IPOs bounce back - The Economic Times

Figma is targeting a $13.65 billion valuation in its U.S. IPO, planning to raise $1.03 billion by selling nearly 37 million shares priced between $25 and $28 each. This debut comes after its $20 billion sale to Adobe was terminated due to regulatory issues. Figma's revenue increased 46% in early 2025, and the company plans possible bold moves in mergers and acquisitions. It will list on the NYSE under the symbol "FIG".

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