AI firm Perplexity eyes $14 billion in valuation in fresh funding round, WSJ reports

Perplexity AI logo is seen in this illustration taken January 4, 2024. REUTERS/Dado Ruvic/Illustration

(Reuters) -Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup at $14 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Venture capital firm Accel is set to lead the round, the report said.