SoftBank to invest in search startup Perplexity AI at $3b valuation

SoftBank to invest in search startup Perplexity AI at $3b valuation

FILE PHOTO: Perplexity logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloomberg News reported on Thursday.