Perplexity is reportedly looking to fundraise at an $8B valuation | TechCrunch
Briefly

AI search engine Perplexity is reportedly in fundraising discussions with hopes to raise $500 million at an $8 billion valuation, significantly up from $3 billion.
Perplexity currently processes approximately 15 million queries daily and generates around $50 million in annualized revenue, showcasing its growth trajectory.
Despite accusations of unauthorized web scraping from publishers, CEO Aravind Srinivas expresses a willingness to collaborate with publishers rather than serve as an antagonist.
The fundraising talks for Perplexity come amid a competitive landscape, particularly after OpenAI's announcement of a substantial funding round aimed at expanding its search capabilities.
Read at TechCrunch
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