Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Japanese media giants Nikkei and Asahi Shimbun have filed a lawsuit against Perplexity AI, which is backed by Amazon founder Jeff Bezos and Nvidia Corporation NVDA. They accused the AI search startup of copying and storing their content without permission. Nikkei And Asahi Seek $30 Million In Damages The lawsuit, filed Tuesday in Tokyo, alleges…

Read More
Jeff Bezos And Nvidia-Backed Perplexity AI Eyes $18 Billion Valuation In New Funding Round — Doubling In Just 4 Months - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Jeff Bezos And Nvidia-Backed Perplexity AI Eyes $18 Billion Valuation In New Funding Round — Doubling In Just 4 Months – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Perplexity, backed by Amazon.com Inc. AMZN founder Jeff Bezos and Nvidia Corp. NVDA is reportedly in talks to raise up to $1 billion in a new funding round that would value the company at $18 billion—double its valuation just four months ago. What Happened: Perplexity is in discussions to raise between $500 million and $1…

Read More
Aravind Srinivas, CEO Of Jeff Bezos-Backed Perplexity, Reveals Why Most Startups Fail: 'The Thing That Most People Get Wrong...'

Aravind Srinivas, CEO Of Jeff Bezos-Backed Perplexity, Reveals Why Most Startups Fail: ‘The Thing That Most People Get Wrong…’

Aravind Srinivas, CEO of Jeff Bezos-backed Perplexity AI, believes many startup founders fail because they chase market trends instead of working on problems they truly care about. What Happened: During a June 2024 episode of the Lex Fridman Podcast, Srinivas shared his thoughts on why many startups fail. He argued that passion and personal interest…

Read More
Jeff Bezos-Backed Perplexity Revises TikTok Merger Deal, Proposes Giving US Government 50% Stake: Report - Tesla (NASDAQ:TSLA), Oracle (NYSE:ORCL)

Jeff Bezos-Backed Perplexity Revises TikTok Merger Deal, Proposes Giving US Government 50% Stake: Report – Tesla (NASDAQ:TSLA), Oracle (NYSE:ORCL)

Jeff Bezos-backed Perplexity AI has reportedly submitted a revised proposal to merge with TikTok’s U.S. business, offering the U.S. government a 50% stake in the new entity. What Happened: The new plan, submitted to TikTok’s parent company, ByteDance last week, allows the U.S. government to own up to 50% of the merged entity through a…

Read More
Jeff Bezos-Backed Perplexity's New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy? - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed AI Startup Perplexity Set To Triple Valuation To $9B in Fourth Funding Round — Can It Beat OpenAI And Google? – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

AI startup Perplexity, backed by Amazon.com, Inc. founder Jeff Bezos, is set to triple its valuation in its fourth funding round this year. What Happened: Perplexity is finalizing a funding round that would see its valuation skyrocket to $9 billion, an increase from its valuation of $520 million at the start of the year. The AI-powered search company plans to…

Read More
Jeff Bezos-Backed Perplexity's New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy? - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Jeff Bezos-Backed Perplexity’s New AI Election Hub Promises Real-Time Vote Counts And Candidate Summaries — But What About Its Accuracy? – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

On Friday, Perplexity, an artificial intelligence startup, announced an AI-powered Election Information Hub, promising real-time vote counts and candidate summaries. What Happened: The hub, which will be operational on Election Day, Nov. 5, is designed to provide AI-generated answers to voting queries and summaries of candidates. The live vote count will be based on data from The Associated…

Read More