Latest news with #search engine
Yahoo
5 days ago
- Business
- Yahoo
Perplexity in talks with phone makers to pre-install Comet AI mobile browser on devices
By Akash Sriram (Reuters) -Nvidia-backed Perplexity AI, the startup challenging Google with its AI-powered search engine, is in discussions with mobile device makers to pre-install its new Comet browser on smartphones, CEO Aravind Srinivas told Reuters on Friday. The move could significantly boost Perplexity's reach by capitalizing on browser "stickiness", where users tend to stick with browser apps that are pre-installed or set as default on their devices, potentially driving habitual use of the company's AI tools. "It's not easy to convince mobile OEMs to change the default browser to Comet from Chrome," Srinivas said, referring to original equipment manufacturers and highlighting the challenge of user inertia on mobile platforms. Comet, currently in beta and available only on desktops, integrates Perplexity's AI directly into web browsing, allowing users to ask questions about personal data like emails, calendars, or browsing history, and even perform tasks such as scheduling meetings or summarizing webpages. Perplexity aims to target "tens to hundreds of millions" of users next year after stabilizing the desktop version for a few hundred thousand initial testers, Srinivas said. Its efforts reflect a broader industry shift toward browsers with agentic AI capabilities, ones that need minimal human intervention to make decisions and achieve specific tasks. Reuters reported earlier this month that OpenAI is developing its own agentic AI browser, which could automate complex tasks such as booking travel or managing finances. As of last month, Google's Chrome had a market share of about 70% in mobile devices, while Apple's Safari and Samsung's browsers together commanding another 24%, according to Statcounter data. Bloomberg News reported in June that Perplexity was in talks with Samsung Electronics and Apple to integrate its AI search capabilities into their devices, potentially enhancing assistants like Bixby or Siri. Perplexity has completed a $500 million investment round, which valued it at $14 billion earlier this year. Its investors include Accel, Nvidia, Jeff Bezos and former Google CEO Eric Schmidt. Inicia sesión para acceder a tu cartera de valores
CNA
5 days ago
- Business
- CNA
Perplexity in talks with phone makers to pre-install Comet AI mobile browser on devices
Nvidia-backed Perplexity AI, the startup challenging Google with its AI-powered search engine, is in discussions with mobile device makers to pre-install its new Comet browser on smartphones, CEO Aravind Srinivas told Reuters on Friday. The move could significantly boost Perplexity's reach by capitalizing on browser "stickiness", where users tend to stick with browser apps that are pre-installed or set as default on their devices, potentially driving habitual use of the company's AI tools. "It's not easy to convince mobile OEMs to change the default browser to Comet from Chrome," Srinivas said, referring to original equipment manufacturers and highlighting the challenge of user inertia on mobile platforms. Comet, currently in beta and available only on desktops, integrates Perplexity's AI directly into web browsing, allowing users to ask questions about personal data like emails, calendars, or browsing history, and even perform tasks such as scheduling meetings or summarizing webpages. Perplexity aims to target "tens to hundreds of millions" of users next year after stabilizing the desktop version for a few hundred thousand initial testers, Srinivas said. Its efforts reflect a broader industry shift toward browsers with agentic AI capabilities, ones that need minimal human intervention to make decisions and achieve specific tasks. Reuters reported earlier this month that OpenAI is developing its own agentic AI browser, which could automate complex tasks such as booking travel or managing finances. As of last month, Google's Chrome had a market share of about 70 per cent in mobile devices, while Apple's Safari and Samsung's browsers together commanding another 24 per cent, according to Statcounter data. Bloomberg News reported in June that Perplexity was in talks with Samsung Electronics and Apple to integrate its AI search capabilities into their devices, potentially enhancing assistants like Bixby or Siri. Perplexity has completed a $500 million investment round, which valued it at $14 billion earlier this year. Its investors include Accel, Nvidia, Jeff Bezos and former Google CEO Eric Schmidt.
Reuters
5 days ago
- Business
- Reuters
Perplexity in talks with phone makers to pre-install Comet AI mobile browser on devices
July 18 (Reuters) - Nvidia-backed Perplexity AI, the startup challenging Google (GOOGL.O), opens new tab with its AI-powered search engine, is in discussions with mobile device makers to pre-install its new Comet browser on smartphones, CEO Aravind Srinivas told Reuters on Friday. The move could significantly boost Perplexity's reach by capitalizing on browser "stickiness", where users tend to stick with browser apps that are pre-installed or set as default on their devices, potentially driving habitual use of the company's AI tools. "It's not easy to convince mobile OEMs to change the default browser to Comet from Chrome," Srinivas said, referring to original equipment manufacturers and highlighting the challenge of user inertia on mobile platforms. Comet, currently in beta and available only on desktops, integrates Perplexity's AI directly into web browsing, allowing users to ask questions about personal data like emails, calendars, or browsing history, and even perform tasks such as scheduling meetings or summarizing webpages. Perplexity aims to target "tens to hundreds of millions" of users next year after stabilizing the desktop version for a few hundred thousand initial testers, Srinivas said. Its efforts reflect a broader industry shift toward browsers with agentic AI capabilities, ones that need minimal human intervention to make decisions and achieve specific tasks. Reuters reported earlier this month that OpenAI is developing its own agentic AI browser, which could automate complex tasks such as booking travel or managing finances. As of last month, Google's Chrome had a market share of about 70% in mobile devices, while Apple's Safari and Samsung's browsers together commanding another 24%, according to Statcounter data. Bloomberg News reported in June that Perplexity was in talks with Samsung Electronics ( opens new tab and Apple (AAPL.O), opens new tab to integrate its AI search capabilities into their devices, potentially enhancing assistants like Bixby or Siri. Perplexity has completed a $500 million investment round, which valued it at $14 billion earlier this year. Its investors include Accel, Nvidia (NVDA.O), opens new tab, Jeff Bezos and former Google CEO Eric Schmidt.
Independent Singapore
5 days ago
- Business
- Independent Singapore
Perplexity AI's value jumps to US$18B after fresh US$100M funding
Photo: LinkedIn/Perplexity AI INTERNATIONAL: Perplexity AI, the artificial intelligence-powered search engine startup taking on Google, has raised another US$100 million in fresh funding, pushing its valuation up to US$18 billion (S$23 billion). The Edge Singapore reported, citing a person familiar with the matter, that the fresh funding is an extension of a previous funding round from earlier this year, which valued the company at US$14 billion. Perplexity declined to comment on the funding. Some details of the deal were earlier reported by the Financial Times. Perplexity, founded in 2022, has quickly become one of the leading names in generative AI. Its valuation jumped from US$1 billion to US$3 billion last year and then tripled again just months later. In March, Bloomberg News reported that the startup aimed to raise up to US$1 billion at a valuation of US$18 billion but later settled for a smaller investment at US$14 billion. With this latest funding, it's now back at its original valuation target. /TISG Read also: Nvidia CEO to sell more advanced chips to China after H20 ban, warns of 'tremendous loss' for firms in potential US$50B AI market () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Yahoo
5 days ago
- Business
- Yahoo
Perplexity AI achieves $18bn valuation with new funding
Perplexity AI, known for its AI-driven search engine, has obtained new funding that brings its valuation to $18bn. The company secured $100m in fresh capital as an extension of a previous round, Bloomberg reported citing a source familiar with the details. The startup has seen rapid growth, raising capital five times during the past 18 months. The valuation of the company also climbed from around $500m at the start of 2024 to $14bn in May 2025. Earlier in the year, Perplexity aimed to raise up to $1bn at an $18bn valuation, but instead proceeded with a smaller investment at a $14bn valuation. The new funding aligns the company with its initial valuation goal. Perplexity has not provided any comments on the funding. Established in 2022, Perplexity is challenging Google's leadership in internet search, having launched a browser in addition to its AI-driven search engine. Recently, the company introduced an AI web browser named Comet for its premium subscribers. This browser can execute tasks such as shopping, summarising social media content, and sending emails based on voice and text commands. Despite speculation about Perplexity being a potential acquisition target for major tech companies such as Apple and Meta, the company plans to remain public. In an April 2025 interview with the Financial Times, Perplexity AI CEO Aravind Srinivas mentioned that Perplexity was serving approximately 30 million users. It has also diversified its revenue streams from subscriptions to include advertising and e-commerce. Perplexity has received backing from investors such as Nvidia, SoftBank's Vision Fund 2, venture capital firms New Enterprise Associates and IVP, along with Amazon founder Jeff Bezos and Meta's Yann LeCun. "Perplexity AI achieves $18bn valuation with new funding" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
