AI Search AI News & Updates
Perplexity AI Eyes Massive $1B Funding at $18B Valuation Amid Search Competition
AI search startup Perplexity is reportedly in early talks to raise up to $1 billion at an $18 billion valuation, doubling its previous valuation from December. The company, which has reached $100 million in annual recurring revenue, faces increasing competition as Anthropic adds web search to Claude and Google tests an AI-powered search engine.
Skynet Chance (+0.03%): The massive investment and valuation growth indicate accelerating commercialization of AI search capabilities, potentially incentivizing rapid development with less focus on safety considerations in a competitive market.
Skynet Date (-2 days): The intensifying competition between Perplexity, Anthropic, and Google is likely to accelerate development timelines for increasingly autonomous AI systems, pushing towards agentic capabilities as evidenced by Perplexity's new Comet browser.
AGI Progress (+0.04%): While not a direct technical breakthrough, the significant capital influx and market validation for AI search shows increasing capability for AI systems to access, synthesize and contextualize web information, representing progress towards more generally capable systems.
AGI Date (-2 days): The extreme funding levels and frenzied competition in AI search will likely accelerate development cycles and investment in underlying AI infrastructure, potentially bringing forward AGI timelines by increasing resources devoted to improving AI capabilities.