Perplexity reportedly raised $200M at $20B valuation

Perplexity, an AI-powered search startup, has reportedly raised $200 million in funding at a valuation of $20 billion. This represents a significant increase from the company's previous valuation of $18 billion, which was reported just two months earlier. The details of the funding round, including the investors involved and the specific terms of the deal, were not disclosed in the article. However, the rapid growth in Perplexity's valuation suggests that the company is experiencing strong investor interest and demand for its innovative search technology. The article does not provide any additional information about Perplexity's business model, product offerings, or competitive landscape. It simply focuses on the financial aspects of the company's latest funding round and the corresponding increase in its valuation. Overall, this news highlights the continued investor enthusiasm for AI-powered technologies and the significant growth potential that some startups in this space are demonstrating.