From Fortune Magazine:

A resurfaced video of Jeff Bezos explains why he started Amazon. Riding the wave of AI, Bezos backed startup Perplexity, a chatbot and search engine aiming to take on Google. It raised $73.6M from major investors such as Nvidia. The venture is seen as having a long way to go but boasts a current $520M valuation.

Perplexity, a startup AI search engine, quickly grew to 10 million active users, gaining investors like Jeff Bezos and Nvidia. Valued at $520 million, the venture aims to revolutionize the way people access information online, challenging Google’s dominance.

Perplexity, with its AI search engine, made a $520 million milestone and raised $73.6 million from major investors, including Bezos and Nvidia. It aims to revolutionize the way people access information online, challenging Google and AI search technologies.

Perplexity, backed by Bezos, raised $73.6 million and is worth about $520 million. Valuated at $520 million, the startup has a lot of potential but also long-lasting financial challenges, competing with Google’s $1.7 trillion market share.

AI startup Perplexity has high ambitions but faces steep competition with Google’s dominant market share. With a valuation of $520 million, it has much to prove, despite the backing of major investors like Bezos and Nvidia in the $73.6 million funding.



Read more: Jeff Bezos, Nvidia back AI search startup Perplexity