Jeff Bezos and Nvidia Invested $73.6 Million in Perplexity AI, Will Dethrone Google in Search

By News From 360

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During the last year, AI (Artificial Intelligence) remained in the headlines worldwide. After OpenAI’s ChatGPT, now the reach of AI has become much wider. On the other hand, many big companies and top rich people are also betting on AI. The new entry in this list is Jeff Bezos and chip company Nvidia.

Perplexity AI Raised $73.6 Million

According to Media Reports Jeff Bezos and Nvidia have invested around $73.6 Million in Perplexity AI, a startup company focused on search. Perplexity AI can compete with Google in the matter of AI-based search. Perplexity AI has an estimated valuation of more than $522 Million.

What is Perplexity AI?

Perplexity AI is like ChatGPT had a child with Google Search, and Jeff Bezos is funding its education. Aravind Srinivas‘s startup uses a different method to search than Google.

Instead of a list of blue links, Perplexity responds to your inquiry with a simple paragraph answer generated by AI, complete with hyperlinks to the sources from which it obtained the information.

Perplexity is based on leading large language models from OpenAI and Anthropic, but the business claims it is superior to ChatGPT or Claude at giving up-to-date, correct information.

20 Times Growth of Perplexity AI in a Year

Perplexity AI debuted in August 2022, Arvind Srinivas, Dennis Yarats, Johnny Ho, and And Konwinski are its co-founders. It has grown at a breakneck pace since then. The company began operations in December 2022.

The company had only 2.2 million visitors at the time. The number of visits to the company’s website and mobile app is expected to reach 60 million by the end of January 2024.

Perplexity AI Will Dethrone Google in Search

Since the early 2000s, Google has been the dominating search engine, but Jeff Bezos believes that artificial intelligence will transform the way people obtain information on the internet. With AI-generated responses, Perplexity AI promises to revolutionise search and render Google obsolete.

“Google will be viewed as a legacy and old company,” Perplexity founder Aravind Srinivas told last week. “If you can directly answer somebody’s question, nobody needs those 10 blue links.”