Perplexity AI Aims to Double Valuation to $9 Billion in New Funding Round

Benzinga

Perplexity AI, a search engine startup focused on artificial intelligence, aims to double its valuation to $9 billion in its next funding round. The company was valued at $3 billion in June and is now looking to raise approximately $500 million. The startup competes in the generative AI space alongside leaders like OpenAI and has raised three funding rounds this year. Perplexity AI has faced plagiarism accusations from media outlets for allegedly scraping content to generate its answers. The company has denied these claims.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Perplexity AI, a search engine startup focused on artificial intelligence,

00:06aims to double its valuation to $9 billion in its next funding round.

00:10The company was valued at $3 billion in June and is now looking to raise approximately $500

00:15million. The startup competes in the generative AI space alongside leaders like OpenAI

00:21and has raised three rounds of funding this year. Perplexity AI has faced plagiarism

00:26accusations from media outlets for allegedly scraping content to generate its answers.

00:30The company has denied these claims.

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