This funding was led by investors including Nvidia and Amazon founder Jeff Bezos. The influx of capital has propelled Perplexity AI's valuation to $520 million.
The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company. NEA, NVIDIA, Databricks, and Bessemer Venture Partners also participated in the round.
Perplexity AI, co-founded by IIT Madras alumnus Aravind Srinivas, earlier this week bagged $73.6 million in funding from US chip maker Nvidia and Amazon founder Jeff Bezos, among others.