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- 📝 Perplexity raises at $20B valuation
📝 Perplexity raises at $20B valuation
Liam Gill
September 12, 2025
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News of the Day
Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after securing $100 million at an $18 billion mark, underscoring investor confidence in its challenge to Google’s dominance in search. The conversational AI startup, founded only three years ago, has now amassed $1.5 billion in funding while growing its annual recurring revenue to nearly $200 million, up from $150 million last month. While the lead backers of this latest round remain undisclosed, it follows a $500 million raise led by Accel earlier this year, and comes as Perplexity aggressively positions itself as a disruptive force — even cheekily offering to buy Google Chrome for $34.5 billion amid antitrust pressure on the search giant.
The big revisions in the jobs numbers have two important implications:
1. The economy is in the midst of a bigger disruption than most people realized.
2. Productivity is growing faster than most people thought. Productivity = GDP/hours worked. A smaller denominator means— Erik Brynjolfsson (@erikbryn)
5:42 PM • Sep 9, 2025
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