Sources: Perplexity is looking to raise ~$500M to double its valuation to $8B or more; Perplexity's annualized revenue is ~$50M, up from ~$10M in March (Wall Street Journal)

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Wall Street Journal:
Sources: Perplexity is looking to raise ~$500M to double its valuation to $8B or more; Perplexity's annualized revenue is ~$50M, up from ~$10M in March — Search-based chatbot seeks to raise about $500 million in what would be its fourth funding round in a year

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