Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?

question, nobody needs those 10 blue links.\" He said that a more powerful version of Perplexity’s search engine that uses GPT-4, OpenAI’s most advanced technology, can be accessed for $20 a month. In an article published on its official website, Perplexity has written, \"We’ve raised $73.6 million in Series B funding from trusted VC firms and prominent tech visionaries. <a id=\"189239\" type=\"DOMAIN\" weightage=\"20\" keywordseo=\"ivp\" botkeyword=\"\" source=\"ET\" sourcekeytype=\"COMPANY\" meta.keywordsubtype=\"EQ\" meta.aliasname=\"ivp\" meta.entityname=\"IVP Ltd.\" meta.entityid=\"13555\" meta.seoname=\"ivp-ltd\" class=\"news-keywords\" href=\"\/tag\/ivp\">IVP<\/a> led the round with continued support from our Seed and Series A investors NEA, Elad Gil, Nat Friedman, and Databricks, as well as new investors NVIDIA, Jeff Bezos (through Bezos Expeditions Fund), Tobi Lutke, Bessemer Venture Partners, Naval Ravikant, Balaji Srinivasan, Guillermo Rauch, Austen Allred, Factorial Funds, and Kindred Ventures, among others.\" Wall Street Journal has also found that 10 million people use Perplexity's website and mobile app monthly. It raked in 53 million visits in November alone, up from 2.2 million when the service first became available in December 2022. <h2>FAQs:<\/h2>How is Jeff Bezos supporting Perplexity? <\/strong>Jeff Bezos has invested in a start-up that challenges the dominance of search engine Google. It is not known how much the Amazon boss has paid, but $74 million has been invested in Perplexity. The start-up that uses artificial intelligence to change the way people look for information online has been valued at $520 million. How does Perplexity work?<\/strong> Perplexity works as a chatbot-style search engine that responds to queries using OpenAI’s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources. <\/body>","next_sibling":[{"msid":106589504,"title":"AI commerce: ChatGPT maker OpenAI to open GPT store","entity_type":"ARTICLE","link":"\/news\/artificial-intelligence\/ai-commerce-chatgpt-maker-openai-to-open-gpt-store\/106589504","link_next_mobile":"\/news\/artificial-intelligence\/ai-commerce-chatgpt-maker-openai-to-open-gpt-store\/106589504?next=1","category_name":null,"category_name_seo":"artificial-intelligence"}],"related_content":[{"msid":"106582861","title":"Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?","entity_type":"IMAGES","seopath":"news\/international\/us\/jeff-bezos-invests-in-ai-powered-startup-can-perplexity-challenge-google","category_name":"Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-43656\/106582861.cms?width=150&height=112","link":"https:\/\/etimg.etb2bimg.com\/photo\/106582861.cms?\/106582861"}],"seoschemas":["{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"How is Jeff Bezos supporting Perplexity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Jeff Bezos has invested in a start-up that challenges the dominance of search engine Google. It is not known how much the Amazon boss has paid, but $74 million has been invested in Perplexity. The start-up that uses artificial intelligence to change the way people look for information online has been valued at $520 million.\"}},{\"@type\":\"Question\",\"name\":\"How does Perplexity work?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Perplexity works as a chatbot-style search engine that responds to queries using OpenAI\u2019s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources.\"}}]}"],"msid":106589599,"entity_type":"ARTICLE","title":"Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?","synopsis":"Amazon CEO Jeff Bezos has invested in Perplexity, which can challenge Google. It works as a chatbot-style search engine that responds to queries using OpenAI\u2019s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources. Know in detail. ","titleseo":"artificial-intelligence\/jeff-bezos-invests-in-ai-powered-startup-can-perplexity-challenge-google","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":1004,"shares":0,"engagementtimems":4861000},"Alttitle":{"minfo":""},"artag":"THE ECONOMIC TIMES","artdate":"2024-01-06 10:17:51","lastupd":"2024-01-06 10:33:08","breadcrumbTags":["Jeff Bezos","AI-powered startup","Google","invests","AI","ivp"],"secinfo":{"seolocation":"artificial-intelligence\/jeff-bezos-invests-in-ai-powered-startup-can-perplexity-challenge-google"}}" page-title="Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?">

Artificial Intelligence
2 min read

Amazon CEO Jeff Bezos has invested in Perplexity, which can challenge Google. It works as a chatbot-style search engine that responds to queries using OpenAI’s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources. Know in detail.

THE ECONOMIC TIMES

Updated On Jan 6, 2024 at 10:33 AM IST

Read by: 100 Industry Professionals

Read by 100 Industry Professionals

Jeff Bezos has invested in a start-up that challenges the dominance of search engine Google. It is not known how much the Amazon boss has paid, but $74 million has been invested in Perplexity. The start-up that uses artificial intelligence to change the way people look for information online has been valued at $520 million. Its product is a forum to "ask anything" which its San Francisco-based team of less than 40 calls an "answer engine."

Chatbot-style search engine

According to the Wall Street Journal, Perplexity works as a chatbot-style search engine that responds to queries using OpenAI’s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources, which it includes along with its answer.

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Challenges Google

Talking to the Wall Street Journal, CEO Aravind Srinivas said,
"If you can directly answer somebody’s question, nobody needs those 10 blue links." He said that a more powerful version of Perplexity’s search engine that uses GPT-4, OpenAI’s most advanced technology, can be accessed for $20 a month.

In an article published on its official website, Perplexity has written, "We’ve raised $73.6 million in Series B funding from trusted VC firms and prominent tech visionaries. IVP led the round with continued support from our Seed and Series A investors NEA, Elad Gil, Nat Friedman, and Databricks, as well as new investors NVIDIA, Jeff Bezos (through Bezos Expeditions Fund), Tobi Lutke, Bessemer Venture Partners, Naval Ravikant, Balaji Srinivasan, Guillermo Rauch, Austen Allred, Factorial Funds, and Kindred Ventures, among others."

Wall Street Journal has also found that 10 million people use Perplexity's website and mobile app monthly. It raked in 53 million visits in November alone, up from 2.2 million when the service first became available in December 2022.

FAQs:

How is Jeff Bezos supporting Perplexity?
Jeff Bezos has invested in a start-up that challenges the dominance of search engine Google. It is not known how much the Amazon boss has paid, but $74 million has been invested in Perplexity. The start-up that uses artificial intelligence to change the way people look for information online has been valued at $520 million.

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How does Perplexity work?
Perplexity works as a chatbot-style search engine that responds to queries using OpenAI’s GPT technology. It has been reported that it produces a direct text response to questions, rather than website links, using information from online sources.