Bezos, Nvidia fund startup Perplexity AI
The news: A US search startup called Perplexity AI has raised $US73.6 million from investors including Amazon founder Jeff Bezos and chip maker Nvidia in its latest funding round.
The numbers: Perplexity has raised $100 million in the past 12 months and is valued at about $520 million. It claims to have 10 million monthly active users and served more than 500 million queries in 2023.
The context: Perplexity AI claims to be the world's first fully functional conversational answer engine. It provides answers with sources and citations. Reuters reported the company is not yet profitable and has annual revenue of less than $10 million.
The sources: Perplexity, Reuters