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AI startup Perplexity raised $100 million, boosting its valuation to $18 billion, up from $14 billion in May and $500 million in early 2024, per FT. The Google Search rival saw revenue run-rate surge to $150 million. Investors include Nvidia, SoftBank, and NEA. The AI talent race intensifies, with Meta and Google spending billions to stay ahead in the generative AI boom.
short by / 09:36 am on 18 Jul
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