Perplexity is reportedly looking to fundraise at an $8B valuation
AI search engine Perplexity aims to raise $500 million at an $8 billion valuation, potentially doubling its previous valuation from a recent SoftBank investment.
MAIN POINTS
- Perplexity is in discussions to raise $500 million in funding.
- The company seeks an $8 billion valuation in the fundraising round.
- This new valuation would more than double its previous $3 billion valuation.
- SoftBank was a previous investor during the summer.
TAKEAWAYS
- Perplexity's potential fundraising could significantly increase its market valuation.
- The company is actively engaging with investors to secure substantial financial backing.
- Achieving an $8 billion valuation would mark a major milestone for Perplexity.
- Previous investments, such as from SoftBank, have set the stage for this growth.