Perplexity Raises $73.6M to Challenge Google with AI-Powered Search
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Perplexity is an AI-powered search engine startup that recently raised $73.6M, led by Jeff Bezos, Nvidia, and others. It aims to challenge Google.
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The company grew quickly to 10M monthly active users and 1M mobile app installs, serving over 500M queries last year.
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Perplexity CEO believes "Google is going to be viewed as something that's legacy and old" compared to their more advanced, AI-powered search.
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The new funding values the money-losing startup at around $520M despite only $5-10M in revenue.
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Perplexity aims to replace "sifting through SEO spam" with "a much more efficient way to consume and share information" as AI transforms how people search.