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AI Startup Perplexity Adds Ex-Uber and Bing Execs as Advisers

May 16, 2024 - pymnts.com
AI startup Perplexity has appointed three new advisers to help the company across search, mobile and distribution. The new advisers are Emil Michael, former chief business officer at Uber; Rich Miner, co-founder of Android and adviser to Google; and Mikhail Parakhin, former CEO of Bing. The company, which aims to compete with Google's search engine, recently raised $63 million in a funding round, valuing the startup at $1 billion.

Perplexity's AI chatbot, which summarizes search results and offers citations for its answers, currently has 10 million monthly active users. The company aims to streamline web search by using AI to provide direct answers instead of web links. CEO Aravind Srinivas has expressed the company's ambition to get Perplexity in the hands of every single company in the United States.

Key takeaways:

  • AI startup Perplexity has added three new advisers: Emil Michael, former chief business officer at Uber; Rich Miner, co-founder of Android and adviser to Google; and Mikhail Parakhin, former CEO of Bing.
  • The new advisers will guide Perplexity's growth, business and distribution strategies, help anticipate user trends and build intuitive interfaces, and evolve its core answer engine and AI capabilities.
  • Perplexity, which competes with Google's search engine, raised $63 million in a funding round in April, valuing the company at $1 billion.
  • The company's AI chatbot, which summarizes search results and offers citations for its answers, currently has 10 million monthly active users.
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