AI-powered search engine Perplexity has would have closed a $500 million funding spherical, valuing the startup at $9 billion.
Bloomberg, citing shut sources, stories that the spherical was led by Institutional Enterprise Companions and closed earlier in December. In an electronic mail to TechCrunch, a Perplexity spokesperson declined to remark.
This mammoth tranche comes as competitors in AI-based analysis intensifies. Not too long ago launched OpenAI Search ChatGPThis response to Perplexity. And Google is constructing capabilities to compete with a few of Perplexity’s choices, together with AI-generated summaries and answers on search outcomes pages.
This week, The Info reported that Google is contemplating taking a extra aggressive step, doubtlessly making a chatbot-like “AI mode” straight inside Google Search.
Perplexity is not resting on its laurels, even because it leads a class-action lawsuit trial for alleged copyright infringement. On Wednesday, the corporate accomplished its first acquisitiontaking up Carbon, a startup specializing in connecting AI programs to exterior knowledge sources.
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