The AI-powered search engine Perplexity AI has raised $73.6 million in investment.
Author - Mansur Ismagulov
The Tech AI
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Perplexity AI raised $73.6 million with participation from IVP, NEA, Nvidia, and Jeff Bezos. The company generates annual revenue of $5 to $10 million. The platform uses its own GenAI models to answer questions with source citations.
Search engine Perplexity AI raised $73.6 million in a funding round led by IVP, with additional investments from NEA, Databricks Ventures, former Twitter Vice President Elad Gil, Shopify CEO Tobi Lütke, former GitHub CEO Nat Friedman, and Vercel founder Guillermo Rauch. Other participants include Nvidia and Jeff Bezos.
Unlike traditional search engines, Perplexity offers a chatbot-like interface that allows users to ask questions. The AI responds with text containing quotes from sources. Users can then ask follow-up questions to dive deeper into a specific topic.
The Perplexity platform is built on a set of GenAI models developed by the company itself and its partners.
Currently, Perplexity generates annual revenue of $5 to $10 million.
Source: techcrunch.com
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