Search startup Perplexity AI valued at $520 million in funding from Bezos, Nvidia

Search startup Perplexity AI has raised $73.6 million from a group of investors including Nvidia and Amazon founder Jeff Bezos, the latest example of investors hunting for AI startups that challenge incumbents.

The round was led by venture capital firm IVP and valued the company at about $520 million, according to the company. NEA, NVIDIA, Databricks, and Bessemer Venture Partners also participated in the round.