Perplexity AI Aims for $8 Billion Valuation in New Funding Round

Perplexity AI, an AI-powered search company, is reportedly aiming for a staggering $8 billion valuation in its latest funding round, according to the Wall Street Journal. This valuation surge is part of the company's efforts to raise new capital. Perplexity AI focuses on improving search technology using artificial intelligence, directly competing with tech giants like Google. The startup’s rapid growth and the increasing demand for AI-based search solutions have caught the attention of major investors, who are looking to capitalize on the AI boom in the tech industry.

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