Uma Ventures has participated in the Series D funding round of PerplexityAI, an AI-powered knowledge search engine transforming how people access and interact with online information.
Founded in 2022 by a team of engineers with impressive backgrounds at companies such as OpenAI, Databricks, and Meta, and led by CEO Aravind Srinivas, PerplexityAI has rapidly emerged as a formidable challenger in the search engine market. The company’s innovative approach integrates cutting-edge AI technologies with a user-centric design, delivering contextual and nuanced answers to complex queries rather than traditional keyword-based search results with blue links.
Our investment in PerplexityAI embodies Uma Ventures’ unwavering commitment to championing transformative, human-centric, and responsible AI systems. PerplexityAI is not just redefining how knowledge is accessed but shaping the very future of information retrieval and dissemination, poised to drive profound and lasting impact on society.
PerplexityAI’s platform features several groundbreaking innovations:
- AI-Generated Answers with Citations: PerplexityAI provides direct answers to user queries, complete with citations to source material, enhancing transparency and credibility.
- Multi-Model AI Selection: Users can choose between different AI models, including PerplexityAI’s proprietary fine-tuned model, OpenAI’s GPT-4, and others, catering to diverse user preferences and use cases.
- Ethical Revenue Sharing: PerplexityAI has implemented a revenue-sharing model with content publishers, addressing concerns about fair compensation for content used in AI training and responses.
We are particularly excited about the platform’s potential applications in education, research, and professional services, where accurate and accessible information is critical. As PerplexityAI continues to innovate, we believe it has the potential to reshape the search engine market and challenge the dominance of traditional search platforms.
To use PerplexityAI, visit www.perplexity.ai.