Perplexity finalises $20 billion valuation round: Report

AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowledge of the matter.

Reuters could not immediately verify this report and Perplexity did not immediately respond to a request for comment.

Run by Aravind Srinivas, Perplexity in August made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a bid far above its own valuation.

The Nvidia-backed startup has an AI browser, Comet, that can perform…