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Chamarti Sreekar

Passionate about Pos... • 20d

Perplexity is reportedly in discussions for a new funding round of $500 million, valuing the company at $14 billion, a significant increase from its $9 billion valuation just six months ago.

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Perplexity AI is reportedly closing in on a $500 million funding round at a $14 billion valuation. That’s nearly 5x growth in under a year. 📌 Summary – Perplexity in talks for $500M @ $14B – Accel to lead round – ARR just under $100M – Competing

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Elon Musk announces xAI acquired X in an all-stock deal, valuing xAI at $80B and X at $33B. xAI was reportedly in talks to raise funds in February at a $75B valuation. 🚀

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Cred is in talks to raise $75 million from existing investors, including GIC, RTP Global, and Sofina, at a valuation of $3.5 billion, which is a significant decrease from its previous valuation of $6.4 billion.

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