SoftBank’s Vision Fund 2 Eyes $20 Million Investment in Perplexity AI at $3 Billion Valuation
According to reports, Perplexity AI, a U.S. search firm, will receive between $10 million and $20 million from SoftBank Group Corp.s Vision Fund 2, wh
According to reports, Perplexity AI, a U.S. search firm, will receive between $10 million and $20 million from SoftBank Group Corp.s Vision Fund 2, which values the business at $3 billion. The parameters of the bigger $250 million capital round, which this investment is a part, might alter. Based in San Francisco, Perplexity AI provides largescale language models Llama from Meta and OpenAI to power its search capabilities, allowing users to get quick answers, citations, and references. Before this, in January 2023, Perplexity secured $73.6 million from prominent investors, such as Jeff Bezos of Amazon and Nvidia, valuing the business at $520 million. According to reports, Perplexity AI, a U.S. search firm, will receive between $10 million and $20 million from SoftBank Group Corp.s Vision Fund 2, which values the business at $3 billion. The parameters of the bigger $250 million capital round, which this investment is a part, might alter. Based in San Francisco, Perplexity AI provides la
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B2B Tech News | 2 months ago