Perplexity AI Seeks $14B Valuation in New Funding Round

Perplexity AI, a leading AI-powered search tool provider, is in advanced talks to raise $500 million in a new funding round, potentially bringing its valuation to $14 billion. The round is led by venture capital firm Accel, with the backing of Nvidia.

The startup offers AI-driven search tools that provide users with information summaries, similar to OpenAI's ChatGPT and Google's Gemini. As AI chatbots rapidly evolve, investor interest in AI startups has surged.

Perplexity's valuation has skyrocketed since last year when it raised funds at $9 billion. The company is also in discussions with Apple to integrate its AI search options into Safari, broadening its reach to a massive user base.

This funding round highlights the growing demand for innovative AI tools and positions Perplexity as a key player in the future of AI-driven search technology.