Softbank Invests in Perplexity AI – Valuation $3Billion
- SoftBank’s Investment: Vision Fund 2 is investing in AI startup Perplexity AI, valued at $3 billion.
- Funding Details: The investment is part of a $250 million funding round, with SoftBank contributing between $10 million and $20 million1.
- AI Ambitions: Masayoshi Son has a vision for “artificial super intelligence” and is accelerating AI investments.
- Perplexity’s Services: The startup offers real-time information through an “answer engine” and has a controversial news summarization product.
https://www.bloomberg.com/news/articles/2024-06-27/softbank-to-invest-in-perplexity-in-ai-race-against-google-rivals