
AI Startup Perplexity Sees Valuation Soar Amid Investor Frenzy
AI search startup Perplexity is experiencing a massive surge in its valuation, with some offers reaching as high as $50 billion amid a frenzied investor climate.
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AI search startup Perplexity is experiencing a massive surge in its valuation, with some offers reaching as high as $50 billion amid a frenzied investor climate.

OpenAI is using a series of complex, circular financial deals to fund its massive AI infrastructure, receiving billions from partners and then paying it back for services.

AI recruiting firm Mercor has reached a $10 billion valuation, making its three 22-year-old founders the youngest self-made billionaires in the world.

Semiconductor giant Nvidia is reportedly considering an investment of up to $1 billion in Poolside, an AI startup focused on software development tools.

Sequoia Capital has led a new investment round in AI startup Rogo Technologies, valuing the company at $750 million as it aims to automate investment banking tasks.

Anjney Midha, a general partner at venture capital firm Andreessen Horowitz, is leaving to launch a new startup focused on the high-demand AI compute market.

An angel investor explains why he decided to back AI startup ElevenLabs, now valued at $6.6 billion, after just a 30-minute meeting with its co-founder.

Data center startup Crusoe has raised $1.4 billion in new funding, pushing its valuation past $10 billion amid a global rush for AI infrastructure.

Venture capital firm Andreessen Horowitz is reportedly aiming to raise approximately $10 billion for new funds, focusing on AI, defense tech, and growth-stage companies.

AI infrastructure startup Fal.ai has secured approximately $250 million in a new funding round, pushing its valuation to over $4 billion just months after its last raise.

Sesame, an AI startup from the founders of Oculus, has raised $250 million in a Series B round to develop a conversational AI companion for smart glasses.

Medical AI startup OpenEvidence has raised $200 million in a new funding round, achieving a $6 billion valuation as its platform now supports 15 million consultations monthly.