Perplexity nears second fundraising in six months at $14bn valuation

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Artificial intelligence search engine, wonderfulness is finalizing a funding round that will cost start-up $ 14 billion, it is $ 5 billion jumps from the evaluation of the evaluation six months ago, as it capitalize on AI investment in a hot market for investment.

According to the two, with the knowledge of this agreement, the $ 500 million round is being run by Venture Capital Farm Axel. This will be the fifth fund of the confusion within less than 18 months.

Google Search Bazaar is the goal of breaking the two decades of domination, this confusion is in the new generation of AI Start-up Which has attracted intense interest from investors.

The San Francisco company has closed it The previous round In December a $ 9 billion worth of evaluation. According to multiple people, it was originally familiar with the upheaval, seeking new funds for $ 18 billion, but an investor said supporters were not ready to double the price of confusion.

Previous investors include Nvidia, New Enterprise Associates, IVP and Vision Fund 2 of Softbank. Several big tech heavyweights also supported the company, including Amazon founder Jeff Bezos, OpenAI co-founder Andrez Carpathi, Google AI Executive Jeff Dren and Mater Ian Lacun.

Confusion An AI Search Chatboat provides that competes for offers from Google and Open. Chief Executive Arbind Srinivas told the Financial Times last month that future products of this confusion would require further cash to fund and form its user.

“We are serving now like 30MN users, but if you want to be a product that reaches 100MN or 500mn, the type of scale you need to consider as big technology requires more capital,” he said.

The company recently launched a voice mode, which allowed users to instruct the AI ​​search through voice commands on the Apple device, such as sending emails on YouTube and looking for videos.

The wonderfulness is called the comet, offering the “agent browser” to match the openness and ethnographic matches. These tools are autonomously open a web browser and search online, such as a human user’s command in response.

A person close to the company said that one of the main reasons for the latest fundraising is to finance the development of browser, whose goal is to replace Google Chrome. Wall Street Journal first reported new funds.

The confusion creates most of its revenue through premium subscriptions. It says that a full-year revenue of the entire year’s revenue on its annual earning month-month sales-has risen to $ 5 million in August $ 35 million in January last year.

Confusion and Axel refused to comment. Srinivas said last month that “guess [the computing power needed to process user requests] And infrastructure eats most of the expenditure ”and the company had good cash reserves.

“It is not very common for companies to capitalize, evaluate and earn, but very few people.” The confusion employed about 200 workers.

“Browser and these agents are about to be expensive,” he added.