Perplexity is an AI-powered conversational search engine raised $26 million by New Enterprise Associates and Databricks Ventures to compete with Google.
How Does Perplexity Work?
Rather than using a traditional search bar, users of Perplexity can use an AI chatbot to answer their questions using only natural language. To learn more about a certain subject, users can ask specific follow-up questions. Perplexity will answer the first question based on its previous answers to the first question.
In addition to the new funding, Perplexity announced that now it has 10 million visits and 2 million monthly users. Compare that to the projected 89 billion users who visited Google in May 2022. However, Perplexity is placing a large wager on its AI technology to differentiate itself from market leaders.