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AI News from ET - Perplexity’s revenue has shot up 50% in one month, amid shift in focus to AI agents: FT

Vishwadeep Khatri
in AI News & Two Lenses

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Perplexity’s revenue jumped 50% in a month, crossing $450 million ARR, as it pivots towards AI agents. Growth is driven by new tools, usage-based pricing, and rising users. Despite rapid expansion and a $20 billion valuation, it still trails larger rivals like OpenAI, Anthropic, and Cursor in scale.

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