Perplexity AI Raises $500M, Valuation Reaches $14B – Silicon Valley Tech Surge

Perplexity AI has secured a significant funding boost of $500 million, significantly increasing its valuation to $14 billion. This major investment round was led by Accel, with participation from tech giants like Nvidia and SoftBank, positioning Perplexity as a serious contender in the AI-powered search market. The company’s ambitious mission is to challenge Google’s dominance in this field.