Perplexity, an AI startup backed by Nvidia and SoftBank, is negotiating a new $1 billion funding round to enhance its challenge against traditional search engines.
Perplexity has attained a valuation of $18 billion after its latest financing round, supported by investors including Nvidia and SoftBank. The company is in talks for an additional $1 billion funding, aiming to disrupt the search engine market with its AI-driven technology.