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PERPLEXITY INVESTMENTS
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunitiesDipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging ...- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Activate picks stake in ElevenLabs in first global growth-stage AI betVenture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company cons...
- India underperforms Asian rivals amid earnings and valuation strainIndian stocks are facing losses while other economies see gains. This is due to a global AI investment frenzy benefiting chip makers like S...
- Snap says $400 million AI search deal with Perplexity was called off "amicably"Snap has amicably ended its partnership with AI startup Perplexity, canceling plans to integrate Perplexity's AI search into Snapchat. The ...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Why Your Promotion Keeps Getting Delayed at Work, and What It Really MeansRepeatedly postponed promotion meetings can leave employees feeling anxious and demotivated, impacting their engagement and career proactiv...
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...
- Bank of England says it is testing AI risks to financial systemThe Bank of England is actively assessing artificial intelligence risks to the financial system. They are conducting simulations and workin...
- Snap layoffs: CEO Evan Spiegel cites productivity gains from AI adoption in note to employeesSnap Inc. is laying off 1,000 employees, approximately 16% of its workforce, and eliminating over 300 vacant roles. CEO Evan Spiegel cited ...
- US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to ...
- Anthropic, Cursor backer Accel raises $5 billion for big AI betsVenture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startu...
- Snap layoffs: Company may cut up to 1 in 5 jobs; Perplexity integration called offSnap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some...
- From LLMs to superintelligence, Vijay Kedia decodes AI stack for investorsInvestor Vijay Kedia outlines AI’s evolution in investing, from LLMs offering insights to agentic and multi-agent systems executing trades,...
- A16z-backed Yupp AI shuts down operations; here is whyLaunched for public use in June last year, Yupp was a free-to-use platform that provided users with response options generated by over 500 ...
- Cristiano Ronaldo joins AI company Perplexity as investor, brand ambassadorCristiano Ronaldo has joined AI company Perplexity as an investor and brand ambassador. He launched the Ronaldo hub, a custom AI assistant ...
- Getty, Perplexity sign multi-year licensing deal to boost AI-powered search visualsGetty Images and Perplexity signed a global multi-year licensing agreement, allowing the AI search startup to display the photo distributor...
- Apple executives held internal talks about buying Perplexity: ReportBig tech companies are doubling down on investments to enhance AI capabilities and support growing demand for AI-powered services to mainta...
- Perplexity AI in talks to integrate assistant into Samsung, Motorola phonesPerplexity AI is pushing to expand its presence on smartphones, securing a deal with Motorola to preload its assistant and in early talks w...
- Jeff Bezos invests in AI-powered startup: Can Perplexity challenge Google?Amazon CEO Jeff Bezos has invested in Perplexity, which can challenge Google. It works as a chatbot-style search engine that responds to qu...
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