Story thread · 2 reports / 2 sources

Maybe we were wrong about Perplexity

fastcompany.com · 11dShare

Welcome to AI Decoded , Fast Company ‘s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company , covering emerging tech, AI, and tech policy. Sign up to receive this newsletter every week via email here . And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com , and follow me on X @thesullivan . Perplexity’s valuation is soaring. Its traffic tells a murkier story In a feature about the AI answer engine Perplexity in 2024, I suggested that the startup wasn’t likely to last for the long haul against better-financed players like OpenAI and Anthropic, and that it was most likely an acquisition target. But here we are, well into 2026, and Perplexity is still alive and showing potential. Nvidia is reportedly in talks to invest in Perplexity in an equity round that would value the AI startup at more than $30 billion. That would mark a 50% increase from its estimat

First report: Intuit and Perplexity Team on AI Integrations — pymnts.com, 14d