Perplexity Targets $20 Billion Valuation in New Funding Round
AI-based search engine developer Perplexity is launching another funding round at a $20 billion valuation, representing a $2 billion increase from the company's July 2025 valuation of $18 billion, Business Insider reported on August 13, 2025. The startup, founded in 2022, has seen its value rise dramatically, from