Company hub
Perplexity
Every release, deal and policy move from Perplexity — updated daily.
TopicsModels
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pplx-embed-v2-late: Perplexity Late-Interaction Multimodal Embeddings
Discover pplx-embed-v2-late, Perplexity’s open late-interaction models that deliver OCR-free retrieval for PDFs and visuals. Use 9B for indexing and 0.6B on edge devices to optimize RAG performance. Learn more.
By
Releases & launches · Perplexity
Launch
Perplexity launches Perplexity Computer
Cloud-based AI agent that automates computer tasks, first for Max subscribers.
perplexity.ai (source, opens in a new tab)Launch
Perplexity makes Comet free for everyone
perplexity.ai (source, opens in a new tab)Launch
Perplexity launches Comet browser
AI-native browser, first for Max subscribers.
perplexity.ai (source, opens in a new tab)Release
R1 1776
perplexity.ai (source, opens in a new tab)Release
Sonar & Sonar Pro API
docs.perplexity.ai (source, opens in a new tab)
Sources: company announcements & release notes.
Fact box
- HQ
- San Francisco, USA
- Founded
- 2022
- CEO
- Aravind Srinivas
- Valuation
- $20B (Sept 2025, reported)
- Total funding
- $1.7B (PitchBook via CNBC, 19 May 2026)
- Core products
- Perplexity answer engine · Comet browser · Sonar API
- Latest round
- $200M Series E follow-on (reported) · Sep 2025
- Stories
- 106
Sources: perplexity.ai, techcrunch.com, cnbc.com
Latest on X
Perplexity · @perplexity_ai
New research: We developed JOLT, a post-training method where one model acts as both teacher and student, with the teacher trained to give feedback the student can use. On MATH, it matched GRPO's accuracy with 6.5x fewer training tokens. perplexity.ai/hub/blog/a-goo…
Perplexity Computer can now run fully local on your Mac. Work with your native Mac apps and local files, and run tasks without sending sensitive data to the cloud. The model and the agent both run on your Mac. Available now in the Perplexity Mac app.
Gemini 4 Argon sets a new record on WANDR. It is now available in Perplexity for Pro and Max subscribers.
NVIDIA’s Nemotron 3.5 Super VL is now available in Perplexity for Pro and Max subscribers, and in Agent API.
We're open sourcing SPACE, the sandbox platform that runs every task in Perplexity Computer. SPACE gives each agent task its own Firecracker microVM and controls credentials and outbound traffic from outside the VM. Available now under Apache 2.0: github.com/perplexityai/S…
Editor's picks
Deals & funding
Perplexity · rounds, valuations, partners, acquisitions · $1.71B raised in tracked primary rounds · latest 8 of 11
Partnership
Snap to receive $400M from Perplexity to integrate its AI into Snapchat
investor.snap.com (source, opens in a new tab)Partnership
Getty Images multi-year licensing deal for Perplexity
newsroom.gettyimages.com (source, opens in a new tab)Funding
Perplexity raises $200M at $20B valuation*
techcrunch.com (source, opens in a new tab)Funding
Perplexity raises $100M at $18B valuation*
bloomberg.com (source, opens in a new tab)Partnership
PayPal and Venmo checkout inside Perplexity
newsroom.paypal-corp.com (source, opens in a new tab)Funding
Perplexity raises $500M at $14B valuation
cnbc.com (source, opens in a new tab)Funding
Perplexity raises $500M at $9B valuation
bloomberg.com (source, opens in a new tab)Funding
SoftBank Vision Fund 2 backs Perplexity at $3B valuation (~$250M round)
reuters.com (source, opens in a new tab)
All 11 rounds & deals as a table · 8 funding, 3 partnerships, 0 acquisitions
| Date | Event | Type | Counterparty / round | Amount | Valuation | Source |
|---|---|---|---|---|---|---|
| Nov 6, 2025 | Snap to receive $400M from Perplexity to integrate its AI into Snapchat Perplexity pays $400M in cash and equity over one year; its answer engine becomes available in Snapchat chats from early 2026 (Snap Q3 2025 results). | Partnership · distribution | with Snap Inc. | $400M | — | investor.snap.com |
| Oct 31, 2025 | Getty Images multi-year licensing deal for Perplexity Perplexity licenses Getty's creative and editorial imagery with attribution in its search products. | Partnership · content | with Getty Images | — | — | newsroom.gettyimages.com |
| Sep 10, 2025 | Perplexity raises $200M at $20B valuation* Reported commitments of $200M at a $20B valuation (The Information via Reuters, TechCrunch); not officially confirmed by Perplexity. | Funding | Series E follow-on (reported) | $200M | $20B | techcrunch.com |
| Jul 17, 2025 | Perplexity raises $100M at $18B valuation* Reported $100M extension of the Series E at an $18B valuation (Bloomberg); not officially announced by Perplexity. | Funding | Series E extension | $100M | $18B | bloomberg.com |
| May 14, 2025 | PayPal and Venmo checkout inside Perplexity Users can buy products, tickets and travel in Perplexity chats with PayPal or Venmo (US first). | Partnership · integration | with PayPal | — | — | newsroom.paypal-corp.com |
| May 12, 2025 | Perplexity raises $500M at $14B valuation | Funding | Series E | $500M | $14B | cnbc.com |
| Dec 18, 2024 | Perplexity raises $500M at $9B valuation $500M Series D led by IVP at a $9B valuation, tripling the June 2024 valuation (Bloomberg, Reuters). | Funding | Series D | $500M | $9B | bloomberg.com |
| Jun 2024 | SoftBank Vision Fund 2 backs Perplexity at $3B valuation (~$250M round) Round of about $250M at $3B (Bloomberg, Reuters, TechCrunch); Bloomberg later wrote the valuation rose to $3B in June after SoftBank's Vision Fund 2 invested. Final amount not confirmed by Perplexity. | Funding | Series C | $250M | $3B | reuters.com |
| Apr 23, 2024 | Perplexity raises $62.7M at $1.04B valuation Led by Daniel Gross; Perplexity becomes a unicorn. | Funding | Series B-1 | $63M | $1.04B | bloomberg.com |
| Jan 4, 2024 | Perplexity raises $73.6M Series B | Funding | Series B | $74M | $520M | perplexity.ai |
| Mar 28, 2023 | Perplexity raises $25.6M Series A led by NEA Led by Peter Sonsini of NEA; announced together with Perplexity's first iPhone app. | Funding | Series A | $26M | — | perplexity.ai |
Sources: company announcements & release notes, press reports. * not independently verified.
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WANDR Benchmark: Perplexity’s Framework for AI Research Agents
WANDR is Perplexity AI’s open benchmark of 500 tasks testing LLM agents on multi-hop web research and citation…
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Perplexity AI Integrates GPT-5.4 and Thinking Models
Discover how Perplexity AI has added GPT-5.4 and GPT-5.4 Thinking models for Pro and Max users, enhancing workflows…
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ChatGPT vs Perplexity: Answer Engine or Creative Partner?
Discover the core differences between ChatGPT and Perplexity, from RAG-based answer engine to generative creative partner. Explore how…
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Samsung Bixby Update: Integrating Perplexity & DeepSeek LLMs
Discover how Samsung is revitalizing Bixby in One UI 8.5 by incorporating third-party LLMs from Perplexity and DeepSeek…
More stories
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Perplexity’s Playbook: Run Trillion-Parameter LLMs on Cloud GPUs
Discover Perplexity AI’s open-source optimizations for running trillion-parameter LLMs efficiently on commodity cloud GPUs. Overcome network bottlenecks with EFA and NCCL to scale AI without costly…
Models & specs
Perplexity · context window, max output, API price, modalities, knowledge cutoff, license
| Model | Released | Context | Max output | Price in / out (per 1M) | Modalities | Knowledge cutoff | License / access | Spec source |
|---|---|---|---|---|---|---|---|---|
| R1 1776 | Feb 18, 2025 | — | — | open weights | Text in → text out | — | Open weights, MIT 671B total / 37B active (DeepSeek-R1 base) | perplexity.ai |
| Sonar & Sonar Pro API | Jan 2025 | — | — | — | — | — | — | docs.perplexity.ai |
Sources: company announcements & release notes. Prices = standard API list price in USD per 1M tokens at time of release or current docs; batch is typically 50% off.