Today: Jul 22, 2024

Bezos backs AI startup: Can Perplexity outsmart Google’s dominance?

7 months ago

TLDR:

  • Jeff Bezos has invested in Perplexity, an AI-powered startup that aims to challenge Google’s dominance in the search engine market.
  • Perplexity uses OpenAI’s GPT technology to provide direct text responses to user queries, rather than traditional website links.

Jeff Bezos, the CEO of Amazon, has made an investment in Perplexity, an AI-powered startup that is looking to challenge Google’s dominance in the search engine market. While the exact amount of Bezos’ investment is unknown, a total of $74 million has been invested in Perplexity, valuing the startup at $520 million.

Perplexity operates as a chatbot-style search engine, using OpenAI’s GPT technology to provide direct text responses to user queries. Instead of offering a list of website links, Perplexity draws information from online sources to create informative responses. The startup claims that its search engine is more powerful than traditional search engines and offers a subscription model starting at $20 per month.

With Bezos’ investment, Perplexity has raised a total of $73.6 million in Series B funding, with participation from various venture capital firms and prominent technology visionaries. The startup has seen significant growth, with 10 million people using its website and mobile app monthly and 53 million visits in November 2023 alone.

Key Takeaways

  • Jeff Bezos has invested in Perplexity, an AI-powered startup that aims to challenge Google’s dominance in the search engine market.
  • Perplexity uses OpenAI’s GPT technology to provide direct text responses to user queries, rather than traditional website links.
  • Perplexity has raised $73.6 million in Series B funding, valuing the startup at $520 million.
  • The startup claims to have a more powerful search engine than traditional search engines and offers a subscription model starting at $20 per month.