Final month, the AI startup launched a program for publishers with an preliminary batch of companions, together with TIME, Der Spiegel, and Fortune, wherein it plans to share income from interactions the place a writer’s content material is referenced.
Since ChatGPT first launched in November 2022, main search engines have been making an attempt to combine AI into net search, and analysts have considered AI-assisted search as a menace to Google’s dominant place within the business ever because the AI increase began.
In April, Perplexity AI raised $62.7 million from present buyers reminiscent of Nvidia, and new buyers together with Garry Tan, CEO of Y Combinator, and Brad Gerstner, founder and CEO of Altimeter Capital.
The fundraising spherical valued the corporate at greater than $1 billion, doubling its valuation from three months earlier.
Join here.
Reporting by Akash Sriram in Bengaluru; Modifying by Tasim Zahid
Our Requirements: The Thomson Reuters Trust Principles.