jeff bezosInvestment in AI search engine startups aiming to take on Google is expected to double in just a few months. Perplexity AIdescribes itself as an “alternative to traditional search engines” and is finalizing a new round of funding. Valuation doubles to approximately $1 billionjust two months later Latest funding dealsThe Wall Street Journal reported.
Perplexity AI's “advanced answer engine” includes a conversational interface, context recognition from conversations with users, and personalization to learn users' interests and preferences, the company's website says. It is listed. The engine then uses predictive text functionality to generate a response that is provided along with the source.
The startup was reportedly founded in 2022, Annual revenue exceeded $10 millionaccess that app on mobile and desktop Increased by 8.6% in the last month to nearly 50 million users, according to Similarweb. Aravind Srinivas, co-founder and CEO of Perplexity AI, writes: blog post In January, it was announced that the search engine would reach 10 million monthly active users and handle more than 500 million queries in 2023, one year after its launch.
Perplexity AI did not immediately respond to a request for comment Monday morning.
Srinivas also announced that the company has raised $73.6 million in a Series B funding round. The round also includes investment from Bezos through his Bezos Expeditions Fund and major chipmaker Nvidia. Jonathan Cohen, Nvidia's vice president of applied research, said at the time that the company's “world-class team is building a trusted AI-powered search platform to help drive this transformation forward.” . Perplexity AI Valuation reached $520 million After that funding round.
Perplexity AI is Received more backing than any other search startup in recent yearsteeth Don't be afraid of competition with Googlehas been dominant in this field for the past 20 years.
“Google will be seen as legacy and old, and Perplexity will be seen as next-gen and future.” Srinivas told Reuters. In January.