Jeff Bezos’s investment in Perplexity AI has nearly doubled as the company approaches a $1 billion valuation

Jeff Bezos’s investment in Perplexity AI, an AI-based search engine startup aiming to rival Google, has nearly doubled as the company approaches a $1 billion valuation. Founded in August 2022, Perplexity has quickly gained traction with 10 million monthly active users and over half a billion queries in 2023. The startup, which combines chatbot functionalities with search engine capabilities, recently secured a funding round that valued it at approximately $520 million, attracting significant interest from investors, including Nvidia and Bezos through his Bezos Expeditions Fund.

Read more at: fortune.com

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