Perplexity Nears $14 Billion Valuation in New Round

Moz Farooque

Wed, May 14, 2025, 12:07 PM 1 min read

Perplexity eyes a $14 cardinal valuation arsenic late-stage funding talks circular the corner.

Perplexity is successful precocious discussions to rise astir $500 cardinal successful a caller financing circular led by Accel, The Wall Street Journal reports, lifting its implied valuation from $9 cardinal successful December to astir $14 billion.

Backed by Nvidia (NASDAQ:NVDA) and investors specified arsenic Jeff Bezos's Bezos Expeditions and Institutional Venture Partners, the startup has seen blistering maturation successful usage arsenic it positions itself to situation Google's (NASDAQ:GOOG) hunt dominance with AI-driven results.

The infusion, if completed, would people Perplexity's 3rd large circular successful little than a twelvemonth and could travel astatine presumption much favorable than its past raise, reflecting increasing capitalist appetite for generative-AI plays.

Nvidia's aboriginal backing has proven prescient: Perplexity's motor runs connected Hopper-based GPUs that enterprises prize for large-language tasks, and its increasing API concern has begun monetizing high-volume queries from firm clients. Apple (NASDAQ:AAPL) is besides reportedly successful talks with Perplexity aft noting a dip successful Safari hunt share, suggesting that iPhone users are progressively turning to AI-powered alternatives.

Why it matters: A $14 cardinal terms tag underscores outsized expectations for AI hunt startups and signals that investors spot Perplexity arsenic a main rival to Google, with imaginable spillover benefits for chipset suppliers similar Nvidia.

This nonfiction archetypal appeared connected GuruFocus.