A 200 Billion Yuan AI Search Unicorn Has Emerged: Investors Have Achieved a 240-Fold Return.
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A mere four-year-old AI company is currently aiming for a valuation of 30 billion US dollars (approx. 2016 billion yuan). On August 23, it was announced that Nvidia is in talks to participate in a new funding round for the AI search company Perplexity. This round could reach several billion US dollars, which would push the company's valuation above 30 billion US dollars. If the transaction is completed, Perplexity's valuation will increase by at least another 50% within approximately one year. At the beginning of 2024, the company's valuation was still only around 500 million US dollars. By the end of 2024, it had already reached 9 billion US dollars. In June 2025, it further rose to 14 billion US dollars; in the following months, it successively surpassed the 18 and 20 billion US dollar marks. The latest funding round has now raised the target to over 30 billion US dollars. In less than three years, the valuation has increased from 500 million to 30 billion US dollars – that's almost 60 times. Early investors can even expect an excess return of 240 times. What tempting business opportunities lie behind the highly sought-after Perplexity? Founded in 2022, Perplexity is the AI version of Google. When you enter a question into the search box, you don't get a list of links to click, but rather a directly compiled answer with source citations for each sentence – it reads dozens...
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