Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion.

Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment.

Perplexity isn’t resting on its laurels — even as it battles a class action lawsuit over alleged copyright infringement. On Wednesday, the company made its first acquisition, snatching up a startup, Carbon, specializing in connecting AI systems to external data sources.

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