SoftBank will make this investment as part of a larger $250 million funding round, the report, said, citing people familiar with the matter. SoftBank and...
- Japanese technology investor SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloomberg News reported on Thursday.
Perplexity's search tools enable users to get instant answers to questions with sources and citations. It is powered by a variety of large language models that can sum up and generate information, from OpenAI to Meta's open-source model Llama.San Francisco, California-based Perplexity AI in January raised $73.6 million from a group of investors including Nvidia and Amazon founder Jeff Bezos at a valuation of $520 million.
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