Perplexity AI successfully raises $73.6 million from NVIDIA IVP Jeff Bezos

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Perplexity AI’s Series B financing officially closed, raising US$73.6 million, and its valuation reached US$520 million.

According to Perplexity AI’s announcement, this round of financing was led by Institutional Venture Partners (IVP). In addition, there are also the participation of many venture capitalists and technology stars such as Jeff Bezos and NVIDIA…

Currently, Perplexity AI’s total funding has reached US$100 million.

It is understood that Perplexity AI is a startup company located in San Francisco that focuses on artificial intelligence-driven search engines. Launched less than two years ago, Perplexity AI quickly became popular, attracting 10 million monthly active users and processing more than 500 million queries in 2023 alone.

This growth is due in part to its unique search approach, which involves using natural language processing to provide direct answers to queries rather than simply rendering a list of links.

Perplexity integrates its search index with leading AI models like Claude 2 and GPT-4 to generate quoted summary answers, provide conversational flow, and allow users to ask questions next.

Notably, despite its impressive growth results, the company reported that Perplexity AI has not yet turned a profit so far.

However, Perplexity AI CEO Aravind Srinivas, who has experience working with organizations such as DeepMind, Google and OpenAI, believes that Perplexity AI will explode in the future. The company’s focus and ability to fine-tune many of the leading AI models sets it apart in the market. He envisions Perplexity AI as the next generation of tools that will redefine how people access information online.

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