Perplexity AI Raises $63 Million in Funding, Becomes a Unicorn; Conversational AI InsurTech PeppercornAI Raises £3.25m
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Perplexity AI, a startup backed by Jeff Bezos, has raised approximately $63 million in its latest funding round, doubling its valuation to over $1 billion . The round was led by SoftBank's Masayoshi Son, with contributions from Stanley Druckenmiller, Y Combinator, and Figma Inc. CEO Dylan Field. Existing investors, including Nvidia Corp. and SoftBank Group Corp., also increased their support .

Perplexity AI has gained recognition in the industry for its AI chatbot that provides summarized search results and citations. The company has seen a significant increase in user queries, processing 169 million queries per month. It is now focusing on selling AI services to businesses and has launched an enterprise version of its chatbot .

Perplexity AI is expanding its user base through distributi...

#newstr #PerplexityAi #Funding #Unicorn #ConversationalAi #Insurtech #Peppercornai 

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