SoftBank-backed Perplexity bags $500M funding at $9B valuation

Quick Summary:

Perplexity was valued at $1 billion in April, which rose to $3 billion in June after the Nvidia-backed company received an investment between $10 million and $20 million from SoftBank Group Vision Fund 2.

The report quoted a source who requested anonymity.

It differentiates itself from other AI chatbots by providing real-time information.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Perplexity Million Engine Billion Funding Data Privacy Carbon Policy Information Startup

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 06:00:24 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24544459

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 14 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions