Amazon founder Jeff Bezos has heavily bet on Perplexity AI, a startup that is taking on the search giant Google. Earlier, the funding round valued Perplexity AI at about $520 million but now the company is finalizing a new funding deal at a valuation of around $1 billion, the Wall Street Journal reported citing people in the know. This means that Jeff Bezos’ investment has nearly doubled in the company in just a few months as Perplexity AI has reached 10 million monthly active users.
Jeff Bezos: Jeff Bezos arrives at the Vanity Fair Oscar Party. He has invested in Perplexity AI, Google’s rival. (AP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}}
Perplexity CEO Aravind Srinivas told Fortune, “Startups are all about being bold. Are you building a company that has unbounded potential? That’s risky, but there’s an infinite reward if…
