August 13, 2025:
Perplexity AI Eyes SaaS Growth with New Funding - Perplexity AI Inc., a search startup, is seeking new funding at a $20 billion valuation after recently raising $100 million at an $18 billion valuation. The company is aiming to acquire a web browser and has been rumored to target Google Chrome amid potential antitrust actions.
Perplexity's existing AI-enabled browser, Comet, is limited to premium subscribers. Although it lacks funds for substantial acquisitions, the company asserts investor support for potential deals. Perplexity aims to increase its audience by becoming the default search option in a popular browser.