Tuesday, 21 April, 2026
Jeff Bezos-Backed AI Lab Nears Staggering $38 Billion Valuation in New Funding
By Isha
Perplexity AI, the search startup backed by Jeff Bezos, is reportedly finalizing a funding round that could propel its valuation to $38 billion. The deal highlights the massive investor appetite for generative AI platforms challenging traditional search engines. With this fresh capital, the lab aims to scale its infrastructure and enhance its conversational search capabilities, solidifying its position as a major disruptor in the global artificial intelligence.
Read full story at Economic Times