Perplexity AI Raises $74M in Series B Funding

The AI-powered search engine plans to use the funding to scale its platform, which provides comprehensive answers to user queries with source citations.

Perplexity AI, an AI-powered search engine, has raised $74 million in Series B funding led by venture capital firm IVP, with participation from tech visionaries such as Jeff Bezos and Tobi Lutke.
The funding will be used to scale Perplexity to deal with the steady increase in users the platform has seen since its launch two years ago.
Unlike traditional search engines, Perplexity offers a chatbot-like interface that allows users to ask questions in natural language and provides comprehensive answers with source citations.
Perplexity AI was launched in August 2022 by a team of developers and engineers from OpenAI, Meta, Quora, and Databrick.
The company offers a free version of the platform and a Pro version, billed at $20/month, that brings the ability to choose the model of choice, including GPT-4, for better results.