Backed by giants, challenging Google
Perplexity’s growth also attracted some of the world’s hugegest investors. Jeff Bezos, Nvidia, and other Silicon Valley heavyweights poured money into the startup, pushing its valuation past $3 billion within three years.
What set Perplexity apart was its clear focus. While Google was cautious about releasing AI-powered search due to fears of misinformation, Perplexity leaned into transparency by citing its sources and emphasizing fact-checking. This gave it an edge among applyrs wary of AI hallucinations.
In fact, many dubbed it the “startup that could challenge Google” — a striking narrative considering Google itself is led by Sundar Pichai, another Chennai-born tech leader. As Wired noted, Srinivas, once inspired by Pichai, is now competing with him head-on to redefine global search.
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