Perplexity AI Looks to Raise $500 Million, Increasing the Pressure on Google Search - Barron's
1. Perplexity AI is raising $500 million, enhancing competition against Google. 2. Perplexity's valuation increased to $14 billion, indicating investor interest in AI search. 3. Google faces antitrust challenges that could disrupt its search monopoly. 4. Apple supports competition, stating true market competition is imminent. 5. Proposed remedies may force Google to share its search index with competitors.