AI Search Giant Perplexity Challenges Google – AutoGPT
Perplexity AI, a promising newcomer in the AI search industry, has quickly become a significant player, shaking up the status quo with its rapid growth and innovative approach.
Since the beginning of the year, Perplexity has seen its monthly revenue and usage skyrocket by an impressive sevenfold. This growth follows a substantial $250 million funding round that tripled the company’s valuation to a remarkable $3 billion.
From Subscription to Advertising
Perplexity AI initially gained traction with a subscription-based model, attracting users with its AI-powered search engine that answers questions with high accuracy and speed.
In just one month, the platform handled 250 million queries, demonstrating its growing popularity. However, in a strategic move to compete more directly with search giants like Google, Perplexity is transitioning from its subscription model to an advertising-focused approach.
This shift signals Perplexity’s intent to secure a more substantial foothold in the…
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source: https://news.oneseocompany.com/2024/08/12/ai-search-giant-perplexity-challenges-google-autogpt_2024081257990.html
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