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Of course, even Perplexity does hit a $1 billion valuation, it has a long way to go to truly challenge Google, which has enormous resources and AI talent at its disposal—and whose parent ...
Nvidia turned a $10,000 investment into $2.5 million over the past 10 years. That massive gain was largely driven by the rapid expansion of the artificial intelligence (AI) market, which drove ...
(Reuters) -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 ...
Perplexity AI is an AI-powered research and conversational search engine that answers queries using natural language predictive text. It is based in San Francisco, California . Founded in 2022, Perplexity generates answers using sources from the web and cites links within the text response. [ 2 ]
This investment aligns with SoftBank's ongoing strategy to support innovative AI companies, highlighting Perplexity AI's potential in the tech industry. The funding is expected to accelerate the startup's growth and development, further enhancing its AI capabilities and market reach.
On its website, the ETF cites a Goldman Sachs report that suggests AI could add a whopping $7 trillion to the global economy by 2032. To capture some of that value, the Roundhill ETF holds 55 ...
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