AI-powered search startup Perplexity is claimed to be in early talks to boost as much as $1 billion in a brand new funding spherical valuing the startup at $18 billion.
Bloomberg, citing an individual acquainted with the matter, reported on Thursday that Perplexity’s annual recurring income has now reached $100 million.
Perplexity’s valuation has soared lately. This new spherical would double Perplexity’s present valuation — $9 billion — as of December. In April 2024, Perplexity was valued at $1 billion.
Rumors of a brand new spherical come as competitors within the AI-powered search house heats up.
On Thursday, Anthropic added web search to its consumer AI chatbot, Claude. Earlier in March, Google launched an early model of a chat-based AI search engine, called AI Mode, for a gaggle of restricted group of testers.
Maybe as a result of its core market is turning into more and more crowded, Perplexity is making an attempt to develop into new areas. The startup lately teased the launch of an “agentic” browser called Comet, and it has ramped up its enterprise choices, lately launching an AI search engine to help businesses retrieve information from internal documents.
We have reached out to Perplexity for touch upon the fundraising rumors and can replace this submit if we hear again.
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