💰Perplexity's $9B valuation

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In today's email

  1. 🤜Perplexity Expands with Carbon Acquisition and it’s $9B valuation

  2. 🗞️Apple Explores AI Partnerships in China

  3. 🤯  Quick Takes

Read Time: 5 Minutes

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In the Know

Perplexity Expands with Carbon Acquisition

Image: Bloomberg

Perplexity has acquired Carbon, a startup specializing in connecting AI to external data sources. This strategic move positions Perplexity to offer groundbreaking features in early 2025, including integration with workplace tools like Notion, Google Docs, and Slack.

Key Points:

  • Advanced Technology: Carbon’s RAG (retrieval augmented generation) technology allows AI to pull accurate, context-rich information from databases and cloud storage.

  • Enterprise Focus: Perplexity aims to simplify workplace data search, turning its AI into a “super-smart librarian” that streamlines productivity.

  • Competitive Edge: The acquisition strengthens Perplexity’s position in the growing enterprise AI search market, competing with heavyweights like OpenAI and Glean.

With recent funding boosting its valuation from $1B in April to $9B by December, Perplexity has secured backing from major investors, including Jeff Bezos, NVIDIA, and SoftBank. The $500M raised in its latest funding round further underscores the company’s rapid growth and ambition to lead in AI-driven solutions for businesses.

💡 Did You Know?

AI Can Predict Earthquakes. AI models have been trained to analyze seismic data and detect patterns that indicate an impending earthquake, often before traditional methods can. This research is still developing but could revolutionize early warning systems.

Apple Explores AI Partnerships in China

Apple is in early talks with Tencent and ByteDance, the owner of TikTok, to integrate their AI systems into its devices in China, according to sources cited by Reuters. This move comes as Apple begins rolling out iPhones equipped with ChatGPT, a tool unavailable in China due to regulatory restrictions. The discussions, which reportedly also include Baidu, aim to address the growing demand for AI-powered features in the competitive Chinese market, where local players like Huawei and Baidu dominate. As Apple’s market share declines in China, securing a robust AI partnership could be crucial to regaining its edge.

Quick Takes

  • 🖥️ AI-Powered Learning Coming to Arizona Schools: Starting in 2025, Unbound Academy will introduce AI-guided education, approved by Arizona’s charter board, promising students double the learning efficiency in just two hours daily. While AI customizes lessons, human staff focus on fostering life skills like teamwork and leadership through unique activities, including virtual challenges and role-playing games.

  • ☎️ ChatGPT Now Available on Landlines: OpenAI has launched a phone-based version of ChatGPT, accessible by dialing 1-800-CHATGPT, offering real-time AI assistance similar to its Advanced Voice Mode. U.S. users get 15 minutes of free calls, while WhatsApp users can also text ChatGPT with daily usage limits and upcoming features like image analysis and web search.

That’s all for Today!

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