Perplexity AI, a rapidly growing AI startup backed by notable investors including Jeff Bezos and Nvidia, is in discussions to raise $500 million, aiming to double its valuation to over $8 billion, according to The Wall Street Journal. This marks a significant jump from its previous valuation of $3 billion earlier this year, reflecting strong investor interest in AI ventures. The AI search company, which currently generates about $50 million in annualized revenue, offers search tools that provide instant answers with citations using various large language models including OpenAI and Meta’s Llama. Follow us (👉@artificialintelligenceee) for everything latest from the AI world. #ai #perplexity #aistartup #searchtool