Jeff Bezos-backed Perplexity AI, a startup challenging Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google with its AI-driven search engine, has successfully secured a new funding round, which has more than doubled its valuation, making it a unicorn.
What Happened: The startup has raised approximately $63 million in its latest funding round, which now values the company at over $1 billion.
The round was led by investor Daniel Gross, with contributions from billionaire Stanley Druckenmiller, Y Combinator CEO Garry Tan, and Figma Inc. CEO Dylan Field.
Existing investors, including Jeff Bezos, Nvidia Corp. (NASDAQ:NVDA), and SoftBank Group Corp., among others, "doubled down" on their support.
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