AI Search Engine Perplexity Seeks $500M Funding at $8B Valuation

• AI search engine Perplexity is reportedly in talks to raise around $500 million at an $8 billion valuation.
• This would more than double its previous valuation of $3 billion from a fundraising round with SoftBank.
• Perplexity currently handles about 15 million queries daily and generates approximately $50 million in annualized revenue.
• Despite accusations of unauthorized web scraping and plagiarism, CEO Aravind Srinivas insists on working with publishers.
• The fundraising talks follow OpenAI's recent $6.6 billion round at a $157 billion valuation.

Source: Techcrunch