- Perplexity AI raises $76 million in series B funding round led by NVIDIA and Jeff Bezos
- Perplexity’s AI-powered search engine aims to revolutionize the way users access information online
- With over 10 million monthly active users, Perplexity processes over 520 million search queries in 2023 alone
January 7, 2024: California-based startup Perplexity announced today that it has successfully raised $73.6 million in a series B funding round, led by NVIDIA and with participation from Jeff Bezos, the founder of Amazon. The funding round was also supported by Bessemer Venture Partners, NEA, IVP, and other prominent investors.
Perplexity is an innovative AI search engine that aims to revolutionize the way people access information online. Built on the idea that accuracy and transparency are prerequisites to making AI-powered search ubiquitous, Perplexity removes the burden of prompt engineering and does not require users to ask perfectly phrased questions to get the answers they seek.
Unlike traditional search engines, Perplexity’s search technology utilizes generative AI models, such as ChatGPT, to tailor search queries with custom follow-up questions. This enables users to have interactive and meaningful conversations with the search tool, sifting through SEO spam and sponsored links to find accurate and reliable information.
“With the support of our investors, we are bringing the power of AI to billions of users worldwide,” said Aravind Srinivas, CEO of Perplexity. “Our mission is to create a new era of accelerated learning and research, where misinformation and AI hallucinations are no longer a concern.”
Perplexity’s innovative approach has already gained significant traction in the search engine space. Since its launch a year ago, the startup has attracted over 10 million monthly active users who rely on its AI-native search capabilities. The company’s advanced technology has processed over 520 million search queries in 2023 alone, further solidifying its position as a leader in the field.
The recent funding will be utilized to further enhance Perplexity’s AI models, expand its engineering team, and improve the overall user experience. The startup plans to invest in research and development to develop GPT-4, the next generation of its generative AI models.
“We are excited about the future of Perplexity and the impact it will have on society,” said Jensen Huang, CEO of NVIDIA. “By leveraging AI technology, Perplexity is transforming the way people interact with search engines and ushering in a new era of accelerated learning.”
For more information about Perplexity and its AI-powered search engine, please visit www.perplexity.ai.
About Perplexity
Perplexity is a California-based startup that offers an AI-powered search engine designed to provide accurate and transparent information to users. With its advanced conversational answer engine and tailored search queries, Perplexity aims to make AI-powered search accessible to billions of users worldwide.
