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Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B (Sneha Kumar/Reuters)

Sneha Kumar / Reuters : Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a rec...

23 April 2024

Sources: AI search engine Perplexity is raising $250M+ at a $2.5B-$3B valuation with interest from previous backers NEA and IVP (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Sources: AI search engine Perplexity is raising $250M+ at a $2.5B-$3B valuation with interest from previous backers NEA and IVP  —  Perplexity, the AI search engine startup, is a hot property at the moment.  TechCrunch has learned that the company is currently raising at least $250 million …

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