3 days ago
The institution has experienced accelerated maturation successful little than 2 years, reaching an yearly recurring gross of $80 cardinal and a valuation of $18 billion.
Perplexity AI, developer of an AI-powered hunt engine, is reportedly preparing for different backing circular astatine a $20 cardinal valuation. The superior could money the company’s caller $34.5 cardinal bid to get the Google Chrome browser.
The people valuation is $2 cardinal higher than Perplexity’s erstwhile $18 cardinal people from its July 2025 fundraise, according to Business Insider. The company’s worthy has surged 3,746% since January 2024, erstwhile it was valued astatine $520 million.
On Tuesday, Perplexity made an unsolicited $34.5 cardinal connection to acquisition the Google Chrome browser, a merchandise that has been the taxable of an ongoing Google antitrust case. In a ruling expected to the coming days, a US territory tribunal justice could unit Google to merchantability the browser to trim the company’s dominance successful web searching.
OpenAI, which is liable for the AI exemplary ChatGPT, is besides reportedly funny successful purchasing Google’s browser. Apollo Global Management and Yahoo whitethorn besides beryllium interested.
According to information level DemandSage, Perplexity has reached an yearly recurring gross of $80 million, with 22 cardinal monthly progressive users.
Cointelegraph reached retired to Perplexity and Google for comments, but had not received responses astatine clip of publication.
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AI contention spills implicit into web hunt market
The artificial quality contention is opening to spill implicit into web search. AI models similar ChatGPT and Gemini often usage sources gleaned straight from the internet, providing much-needed citations that tin marque the models’ responses look much credible.
In July 2025, OpenAI revealed plans to merchandise a web browser that would situation Google Chrome. Perplexity has already released its ain AI browser, called Comet.
Hackers person been targeting web browsers for immoderate time, including Chrome.
In October 2024, the Lazarus Group exploited a Chrome vulnerability done an NFT game. A fewer months earlier, successful June, hackers took vantage of a Chrome plugin to bargain from Binance accounts.
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