Perplexity AI's Valuation Surges to $14B in $500M Funding Round

$5 billion in added valuation in just 6 months on $35 million in annual revenue [^1]. That's a 400× multiple for a company that mostly wraps other companies' LLMs [^2].

Is that a bubble popping, or just my headphones?

[1]: https://www.ft.com/content/7621cd5f-901e-4948-879d-011e0edb3... [2]: https://www.perplexity.ai/hub/technical-faq/what-advanced-ai...