Established in 2022, Perplexity has witnessed a meteoric growth in the search space. Its valuation journey is a reflection: ...

Markets cheer tariff reprieve, Republican budget proposal includes funding cuts to Medicaid, Tesla worth $1 trillion, more ...

The move is a sign of increased investor excitement about AI’s potential to challenge Google’s longstanding dominance over ...

Perplexity was last valued at $9 billion in December, when it raised funds from investors including Institutional Venture ...

A Wall Street report revealed that the startup Perplexity AI is raising $500 million, challenging Google's dominance when it ...

Perplexity AI is negotiating a $500m funding round, valuing the company at $14bn, reports CNBC. Accel is leading the round, ...

AI 'answer engine' Perplexity AI is closing a $500M Accel-led round, targeting a $14B valuation to expand its ...

Also in today’s newsletter, Modi claims Indian military ‘superiority’ over Pakistan, and China’s CATL to raise at least $4bn ...

The layoffs, impacting all levels at the company, come as the tech giant continues to post strong sales and profits.

More than 15 billion images have already been created using text-to-image AI tools since 2022, according to recent research from Everypixel. The report was based on an analysis conducted in August ...

The responses, due on Monday, will determine whether the European Commission, the EU executive, clears the deal with or without concessions or opens a full-scale investigation if it has serious ...