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Perplexity reportedly secures $500m in funding

AI-powered search engine Perplexity has reportedly secured US$500 million in a funding round, bringing its valuation to US$9 billion.

This funding round was led by Institutional Venture Partners and concluded earlier this month.

In a move to strengthen its offerings, Perplexity announced its acquisition of Carbon, a startup that connects AI systems to external data sources.

A spokesperson for Perplexity declined to comment on the funding round.

Recent Perplexity developments

Timeline
19-Dec-2024 🤖 Perplexity acquires AI startup Carbon to expand data access
  • Perplexity acquires Carbon for AI integration.
  • Enhances answer engine with external data access.
22-Nov-2024 💼 Perplexity launches live earnings transcripts with Nvidia
  • Perplexity Finance launches live earnings transcripts.
  • Nvidia reports record revenue of $35.1 billion.
19-Nov-2024 🛒 Perplexity AI launches US shop platform
  • Perplexity AI launches shopping platform in US.
  • Features one-click checkout and visual search tool.
06-Nov-2024 💰 Perplexity AI achieves $9b valuation
  • Perplexity AI nears $500M funding, valuation $9B
  • Institutional Venture Partners leading funding round
25-Oct-2024 📰 Perplexity challenges News Corp’s copyright lawsuit
  • Perplexity contests News Corp’s copyright lawsuit
  • Claims facts can’t be copyrighted despite partnerships

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