Equity financing

On 25 August, according to the Information, sources reported that YVD was discussing participation in a new round of equity financing for Perplexity, and that the transaction would give an estimate of over $30 billion to this AI search company. Discussions have not yet resulted in a final deal. Perplexity's annualized revenue has increased from less than $250 million at the beginning of the year to more than $750 million, with growth due in part to automated computer missions. Yin Weidar used to..