TLDR:
- Perplexity AI, an AI search engine firm, has raised $62.7 million in funding, reaching a valuation of $1.04 billion.
- The funds will be used to expand usage among consumers and knowledge workers within enterprises.
Perplexity AI, a leading AI search engine firm, has secured $62.7 million in funding, achieving a valuation of $1.04 billion. The funding round was led by investor Daniel Gross, with participation from prominent figures like Jeff Bezos, Tobi Lutke, and Garry Tan. The company plans to use the funds to expand its reach among consumers and knowledge workers within enterprises. Perplexity AI has also partnered with Deutsche Telekom and SoftBank to distribute the search engine to 116 million users globally, in addition to a previous partnership with SK Telecom.
The San Francisco-based startup aims to rival tech giant Google by merging AI and chatbot technology to deliver responses to user inquiries using advanced language models like GPT-4 and Claude 3. Perplexity AI has introduced Perplexity Enterprise Pro, tailored for organizations, offering features like SOC2 integration, SSO, user management, data retention, and security warnings. The company has already onboarded launch customers from various sectors, including finance, legal, sports, advertising, software, and hardware.
