(Bloomberg) — Synthetic intelligence search firm Perplexity AI has began fundraising talks during which it goals to greater than double its valuation to $8 billion or extra, the Wall Avenue Journal reported Sunday.
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Perplexity has instructed buyers it hopes to lift about $500 million within the new funding spherical, the Journal stated, citing individuals acquainted with the matter. The phrases may change and the funding won’t come collectively, the paper stated.
SoftBank Group Corp.’s Imaginative and prescient Fund 2 invested in Perplexity earlier this 12 months at a $3 billion valuation. The corporate has launched an array of revenue-sharing partnerships with main publishers, even because it has confronted accusations of plagiarism from some information retailers.
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