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AI - power lookup engine Perplexity hasreportedlyclosed a $ 500 million funding round of drinks , valuing the inauguration at $ 9 billion .
Bloomberg , name sources familiar , report that the round was led by Institutional Venture Partners and that it closed in the first place in December . In an electronic mail to TechCrunch , a Perplexity spokesperson decline to comment .
The gigantic tranche descend as the competition in AI - powered hunting heat up . OpenAI recently launchedChatGPT Search , its answer to Perplexity . And Google is developing capability to rival some of what Perplexity offers , includingAI - generated summary and answerson search results page .
This week , The Informationreportedthat Google is planning to take a more fast-growing move , potentially establish a chatbot - like “ AI mode ” instantly into Google Search .
Perplexity is n’t resting on its accolade — even as it battle a year actionlawsuitover alleged right of first publication infringement . On Wednesday , the company made its secondacquisition , snatching up Carbon , a startup specializing in connecting AI organisation to external data sources .
