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AI Search Company Perplexity Doubles Its Valuation to $9 Billion

AsianFin — AI search engine company Perplexity has recently announced that it has completed its fourth round of funding in 2024, with its valuation doubling to $9 billion.

The $500 million funding round was led by Institutional Venture Partners, with participation from Nvidia, New Enterprise Associates, B Capital, and T. Rowe Price. This significant investment highlights the growing interest in AI-driven search technologies.

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