Search

Download App

Startup Showcase

Join our whatsapp channel for quick updates

Switch theme

Blog . Feedback . Privacy

© 2024 Medial Tech Pvt. Ltd.

News Post

Perplexity raising new funds at $9 billion valuation: sources

Economic Times

Economic Times · 11h

Perplexity raising new funds at $9 billion valuation: sources

Search startup Perplexity is in talks to raise new funding that would value the company at $9 billion, reflecting investor enthusiasm in the AI industry. The California-based company is set to secure $500 million in funding, led by venture capital firm Institutional Venture Partners. Perplexity, which offers information search services, has already raised $73.6 million in Series B funding earlier this year. The success of OpenAI's ChatGPT has attracted investor interest in AI startups, prompting significant investments in language models. However, Perplexity has faced legal challenges, with publishers accusing the company of copyright infringement.

28

6

Comments

More Like this

Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say

Perplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say

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

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

Perplexity AI raises $73.6M in funding round led by Nvidia, Bezos, now valued at $522M

Perplexity AI raises $73.6M in funding round led by Nvidia, Bezos, now valued at $522M

PhysicsWallah’s valuation to soar 2.5x to $2.8 bn in new funding

PhysicsWallah’s valuation to soar 2.5x to $2.8 bn in new funding

Oyo approaches family offices for its down round

Oyo approaches family offices for its down round

OpenAI deal lets employees sell shares at $86 billion valuation

OpenAI deal lets employees sell shares at $86 billion valuation

Mukesh Ambani's Reliance Retail in talks to raise $2.5 billion: Report

Mukesh Ambani's Reliance Retail in talks to raise $2.5 billion: Report

US startup funding plummets 30% to $171 billion in 2023 despite AI frenzy

US startup funding plummets 30% to $171 billion in 2023 despite AI frenzy

Eruditus In Talks To Raise $150 Mn At $2.3 Bn Valuation

Eruditus In Talks To Raise $150 Mn At $2.3 Bn Valuation

Perplexity AI Challenges Google with 250M Queries, $25

Perplexity AI Challenges Google with 250M Queries, $25

Top Users

Trending Posts on Medial

Hello, brilliant minds! Hope you’re all pushing hard toward your dreams. 🌟 Remember, dreams come tr ....

Top News of the Day: 1. Paramount Global engaged in months-long discussions with Warner Bros. Disco ....

India needs at least 10 times more entrepreneurs ....

In 3rd quater our start ups raised $3.4 billion which is more than double the amount raised in this ....

built a full stack application in a day as a beginner using ai Recently, I received an assignment ....

broooo...😭🙏🏻 ....

How can Startups grow into a support system that genuinely nurtures entrepreneurs from every backgro ....

Friends, let’s try something fun. Prompt ChatGPT with: “Based on what you know about me, draw a pi ....

Are you a founder working hard to bring your idea to life? While navigating the challenges of entrep ....

Your first idea doesn’t have to be 'the' idea—let it evolve as you do. ....

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