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Softbank Backs Perplexity at $3B valuation 6/27/24

Softbank Backs Perplexity at $3B valuation 6/27/24

FromTechCheck


Softbank Backs Perplexity at $3B valuation 6/27/24

FromTechCheck

ratings:
Length:
7 minutes
Released:
Jun 27, 2024
Format:
Podcast episode

Description

The Japanese tech investor Softbank is now backing Perplexity with a $10 million to $20 million fresh round of funding, valuing Perplexity AI at $3 billion and making it one of the most valuable startups in the space. It shouldn’t come as a surprise, since Masayoshi Son and his team have been saying for months now that they’re going on the AI offensive, but is another sign of the red hot funding environment for AI startups.  
Released:
Jun 27, 2024
Format:
Podcast episode

Titles in the series (100)

TechCheck is home to the boldest ideas and most influential names in the tech industry. The bi-coastal program dives deep into stocks focused on new technologies and trends while highlighting the latest news out of iconic companies, FAANG heavyweights, social media darlings, streaming giants, red-hot disruptors and more. Every weekday, TechCheck offers investors compelling, in-depth reporting, analysis and news-making interviews from the most notable and disruptive founders and CEOs in the tech industry that will chart the future of the global economy. The daily podcast is hosted by CNBC’s Jon Fortt and Carl Quintanilla on the East Coast and Deirdre Bosa on the West Coast and features CNBC’s Senior Media & Entertainment Reporter Julia Boorstin from Los Angeles.