AI Market Movers · Applied AI & software
Perplexity
Private
Perplexity is the answer engine: search that replies in sentences, aimed at the same job Google owns. The company is in San Francisco.
- Site
- perplexity.ai
- Who
- Aravind Srinivas, CEO
- Last reported post-money
- $20B
- As of
- September 2025
- Round
- Last closed round. Later talks reported higher.
In the Daily
· Closing Time
Closing Time: They wanted to red-team each otherRivals drafted mutual model tests, Amazon locked Muse out of the cart, and Google put Gemini on a $899 laptop.
· Morning Brief
She invited the frontierBrussels asks frontier labs to pace the frontier — plus Dreamforce splits on speed, Factory hits $5B, and Meta One.
· Closing Time
Closing Time: Nvidia is circling the search barAlibaba’s $10.2B AI raise. Chip prices up ~17%. Groq racks in production.