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AI - powered search startup Perplexity is said to be in early talks to grow up to $ 1 billion in a novel funding turn valuing the startup at $ 18 billion .
Bloomberg , summons a mortal conversant with the matter , reportedon Thursday that Perplexity ’s yearly recurring revenue has now reached $ 100 million .
Perplexity ’s rating has soared in recent eld . This unexampled stave would double Perplexity ’s current valuation — $ 9 billion — as of December . In April 2024 , Perplexity wasvalued at $ 1 billion .
Rumors of a new round come as competition in the AI - powered search space heats up .
On Thursday , Anthropicadded WWW hunt to its consumer AI chatbot , Claude . in the first place in March , Google launch an early version of a chat - based AI search engine , hollo AI Mode , for a limited group of tester .
Perhaps because its core market place is becoming increasingly crowded , Perplexity is trying to expand into new domain . The inauguration recentlyteased the launch of an “ agentic ” web browser called Comet , and it has ramped up its enterprise offering , recently launching anAI search railway locomotive to aid businesses retrieve information from internal text file .
We ’ve reached out to Perplexity for scuttlebutt on the fundraising hearsay and will update this post if we hear back .
