Business

Perplexity AI Soars to an $18B Valuation Amidst Rapid Growth and Big Tech Interest

Perplexity AI's Valuation Skyrockets

According to sources cited by The Financial Times, Perplexity AI's valuation has impressively surpassed $18 billion, just two months after securing a massive $14 billion in funding. This marks a significant leap from its $500 million valuation at the beginning of 2024, showcasing the company's rapid growth and the high interest from investors.

Big Tech's Eye on Perplexity AI

Despite CEO Aravind Srinivas's repeated statements about taking the firm public, Perplexity AI has emerged as a potential takeover target. Big Tech giants, including Apple and Meta, are reportedly keen on acquiring the company to strengthen their positions against competitors like Google and OpenAI.

Introducing Comet: The AI Web Browser

Last week, Perplexity AI unveiled Comet, an innovative AI web browser designed for premium members. This advanced system can act as an agent for users, performing a variety of tasks such as sending emails, making purchases, and summarizing social media feeds, all through simple voice and text commands.