<ul><li>Perplexity AI Inc. is reportedly in talks to raise $500 million from investors at a $14 billion valuation, led by Accel.</li><li>The company's flagship offering is a search engine using large language models, with approximately 15 million monthly users as of last April.</li><li>Perplexity generates revenue through paid versions of the service for individuals and organizations, and has expanded into the developer tooling market with the launch of Sonar.</li><li>The new funding round could help Perplexity further expand its developer tooling portfolio and consumer business, with an annual recurring revenue of just under $100 million according to CNBC.</li></ul>

Perplexity reportedly near $500M funding round at $14B valuation

Discover more