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Perplexity to Raise up to $1 Billion to Double its Valuation to $18 Billion: Reports
- Perplexity AI is in talks to raise $500 million to $1 billion and double its valuation to $18 billion.
- Perplexity, an AI-enabled search engine, provides reasoning and deep research capabilities.
- The company recently announced the development of an agentic web browser called Comet.
- A research study found that Perplexity AI answered 37% of queries incorrectly.
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