AI-powered search startup Perplexity is alleged 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 in recent times. 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 net search to its client AI chatbot, Claude. Earlier in March, Google launched an early model of a chat-based AI search engine, referred to as AI Mode, for a gaggle of restricted group of testers.
Perhaps as a result of its core market is changing into more and more crowded, Perplexity is making an attempt to increase into new areas. The startup lately teased the launch of an “agentic” browser referred to as Comet, and it has ramped up its enterprise choices, lately launching an AI search engine to assist companies retrieve info from inside paperwork.
We’ve reached out to Perplexity for touch upon the fundraising rumors and can replace this publish if we hear again.
