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According to reports, Perplexity.ai is currently in discussions to secure a new funding round of $500 million, led by American venture capital firm Accel Partners. Should the deal materialize, it is expected to elevate the company’s market valuation to an impressive $14 billion.
At present, Perplexity.ai is valued at approximately $9 billion — a significant leap from its $3 billion valuation just a year ago — reflecting the growing investor confidence in its artificial intelligence technology and the widespread optimism surrounding its future trajectory.
In a recent interview, Perplexity.ai CEO Aravind Srinivas revealed plans to collect user interaction data through browser activity, with the intention of eventually monetizing it via personalized advertising. The company has also unveiled its AI agent service, Perplexity Assistant, which integrates inference, search capabilities, and interoperability with various application services, enabling users to manage everyday tasks with ease. Complementing this is a new feature called Deep Research, designed to help users navigate the web more effectively and consolidate information into more accessible and digestible formats.
Addressing earlier rumors of financial difficulties and aggressive cost-cutting measures, Srinivas clarified that Perplexity.ai’s revenue continues to grow steadily. However, he noted that the company has no immediate plans to go public before 2028.
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