Source: Perplexity has discussed raising as much as $500M to $1B in a new round that would double its valuation to $18B; its current ARR is nearly $100M (Shirin Ghaffary/Bloomberg)

Shirin Ghaffary / Bloomberg:

Source: Perplexity has discussed raising as much as $500M to $1B in a new round that would double its valuation to $18B; its current ARR is nearly $100M  —  The company has discussed raising as much as $500 million to $1 billion in the round, according to the person, who asked not to be identified because the information isn’t public.

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