Perplexity’s Fundraising Waves Propel Valuation to $14 Billion
Monday, May 12, 2025, 12:20 pm
AI startup Perplexity is wrapping up a hefty funding round—raising $500 million and boosting its valuation to a jaw-dropping $14 billion. The fresh influx of cash underscores investor confidence in its innovative AI solutions, proving once again that in the world of tech, money not only talks, it yells.
Search engine startup Perplexity AI Inc. is reportedly in late-stage talks to raise $500 million from investors at a $14 billion valuation. The Wall Street Journal and CNBC broke the news today, citing sources familiar with the matter. Accel is believed to be leading the investment. The…
Perplexity Discusses Fundraising at $14 Billion Valuation The Information
The move is a sign of increased investor excitement about AI’s potential to challenge Google’s longstanding dominance over search.
permalink / 4 stories from sources in 10 hours ago #ai #startups #vc #business
More Top Stories...
Apple Unveils Broad OS 18.5 and Related Updates
In a flurry of releases that could only be described as an Apple OS extravaganza, the tech giant has rolled out a series of iterative upgrades across its lineup—including iOS 18.5 with fresh wallpapers, Mail tweaks, and satellite enhancements; macOS 15.5 refinements; updated tvOS, visionOS, watchOS and iPadOS versions; and even a preview of upcoming features. More...
Apple Integrates AI for Battery Management in iOS 19
Apple is gearing up to revolutionize battery performance in its forthcoming iOS 19 release by integrating an AI-driven management feature. The system will monitor usage patterns and intelligently adjust charging practices, blending artificial intelligence with hardware to enhance battery longevity and user experience. More...
Samsung Unveils Galaxy S25 Edge With Enhanced Durability Features
At Unpacked, Samsung pulls back the curtain on its Galaxy S25 Edge. The device is not only impressively slim but also built tougher than your average smartphone, thanks to Corning’s Gorilla Glass Ceramic 2 which boosts its durability. Fans and skeptics alike can’t help but smirk at the bold claims. More...
Coinbase Joins S&P 500 Amid Market Shake-Up
Coinbase is set to replace Discover Financial in the S&P 500, sparking an immediate share price surge as the crypto exchange steps into traditional finance territory. Investors are watching closely as this landmark listing blurs the lines between digital assets and conventional markets. More...
Google Launches AI Futures Fund for Startup Innovation
Google has announced a new investment initiative aimed squarely at empowering startups building with its latest AI models. By launching the AI Futures Fund, the tech giant seeks to bolster innovation across the ecosystem from seed to later-stage development, all while leveraging insights from its DeepMind research for a smarter future. More...
Related Tags
Artificial Intelligence
Google Unveils Pinterest-Inspired AI Agent Ahead of I/O (2 hours ago)
Saudi Arabia Launches 'Humain' AI Venture to Bolster Tech Ambitions (7 hours ago)
Apple Integrates AI for Battery Management in iOS 19 (7 hours ago)
Startups
Saudi Arabia Launches 'Humain' AI Venture to Bolster Tech Ambitions (7 hours ago)
Google Launches AI Futures Fund for Startup Innovation (9 hours ago)
Rippling Soars to $16.8 Billion Valuation Amid Financing Round (3 days ago)
Venture Capital
OpenAI and Microsoft renegotiation over IPO and funding plans (35 hours ago)
CNaught secures $4.5M seed funding for carbon credits platform (5 days ago)
Cursor AI App Reaches $9B Valuation With $900M Funding (7 days ago)
Business
Coinbase Joins S&P 500 Amid Market Shake-Up (5 hours ago)
Ticketmaster Adopts Upfront Pricing to Boost Transparency (7 hours ago)
Lloyd’s Insurers Roll Out New AI Error and Loss Protection Policies (11 hours ago)