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420 Bessemer in Talks to Invest in AI Startup Perplexity at $3 Billion Valuation

The Information
Kate Clark @ The Information 3 place · 05/29/2024 17:51 EDT

Bessemer Venture Partners is in talks to lead a $250 million investment in Perplexity, a developer of an artificial intelligence-powered search engine, at a $3 billion valuation, according to a person familiar with the matter. The new valuation would be triple what the San Francisco-based startup was valued at earlier this year.

The new investment, which is Perplexity’s fourth funding round since March 2023, shows venture capital investors are still willing to pay high prices for generative AI startups, ev

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