Perplexity's valuation soared to $18 billion after its latest funding round
Perplexity's valuation has jumped to $18 billion, up from $14 billion just two months ago, according to the Financial Times. New investors paid the higher price after its latest funding round. The company’s annual revenue grew from $35 million in August 2023 to $150 million.
Investors include Nvidia, SoftBank’s Vision Fund 2, venture firms New Enterprise Associates and IVP, Amazon founder Jeff Bezos, and Meta’s Yann LeCun. Perplexity offers an AI search engine and a paid browser called "Comet," which can handle tasks like shopping, summarizing social media, and sending emails. Apple is reportedly interested in acquiring the company.
AI News Without the Hype – Curated by Humans
As a THE DECODER subscriber, you get ad-free reading, our weekly AI newsletter, the exclusive "AI Radar" Frontier Report 6× per year, access to comments, and our complete archive.
Subscribe nowAI news without the hype
Curated by humans.
- Over 20 percent launch discount.
- Read without distractions – no Google ads.
- Access to comments and community discussions.
- Weekly AI newsletter.
- 6 times a year: “AI Radar” – deep dives on key AI topics.
- Up to 25 % off on KI Pro online events.
- Access to our full ten-year archive.
- Get the latest AI news from The Decoder.