Perplexity AI raises $100M, hits $18B valuation

Perplexity AI is reportedly targeting an $18 billion valuation in its upcoming 2025 funding round, according to insider sources. This ambitious valuation reflects the company's aggressive growth trajectory and the surging investor interest in the generative AI sector. Perplexity AI, known for its conversational answer engine, is seeking to capitalize on the increasing demand for advanced AI solutions. This potential funding round would significantly boost its financial resources for research, development, and market expansion, positioning it as a major player in the evolving artificial intelligence landscape and a formidable competitor to traditional search engines.