Perplexity Unveils Revenue

Perplexity CEO Proposes Revenue Deals for Publishers After Lawsuit

Wall Street Journal parent Dow Jones sued the AI startup this week, alleging copyright infringement.

Tech - The Wall Street Journal - October 23

Murdoch’s Dow Jones sues AI start-up Perplexity for infringement

Publishers accuse company of ‘freeriding’ on valuable news content

Business - Financial Times - October 21

Perplexity CEO ‘Surprised’ by Publishers’ Lawsuit Against Startup

Aravind Srinivas said he told Dow Jones and the New York Post in June that the AI company was open to discussions about using their content.

Business - Inc. - October 24

Perplexity Gets ‘Cease and Desist’ Notice From the New York Times

The newspaper wants the AI company to stop using its content to train its chatbot applications.

Business - Inc. - October 16

Perplexity lets you search your internal enterprise files and the web

Perplexity announced Internal Knowledge Search and Spaces, which lets paying users query their own files as well as the internet.

Tech - VentureBeat - October 17

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

Harris raises nearly $1bn to surge past Trump in election money race

Democratic candidate pulled in more cash in three months than Republican challenger has managed since January 2023

World - Financial Times - October 21

A Lawsuit Against Perplexity Calls Out Fake News AI Hallucinations

In a new copyright lawsuit against AI startup Perplexity, Dow Jones and the New York Post argue that hallucinating fake news and attributing it to real papers is illegal.

Tech - Wired - October 21

Murdoch Papers Sue AI Developer Perplexity for ‘Freeriding’ Their Content

The publishers of the Wall Street Journal and New York Post attacked the AI developer for stealing articles to train its ‘answer machine’ chatbot.

Business - Inc. - October 22

Google, Microsoft, and Perplexity Are Promoting Scientific Racism in Search Results

The web’s biggest AI-powered search engines are featuring the widely debunked idea that white people are genetically superior to other races.

Tech - Wired - October 24

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - 2 days ago

Renault Backs Guidance as Revenue Rises

The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.

Business - The Wall Street Journal - October 24

Safran Upgrades Guidance as Revenue Rises

The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.

Business - The Wall Street Journal - October 25

PayPal shares fall on revenue miss, soft guidance

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

Business - CNBC - October 29

Airbus Revenue, Earnings Beat Forecasts

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Business - The Wall Street Journal - October 30

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

Business - CNBC - 21 hours ago

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

AI search start-up Perplexity targets $8bn valuation in new funding round

Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraising

Business - Financial Times - October 21

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.

Business - CNBC - 2 days ago

Perplexity Dove Into Real-Time Election Tracking While Other AI Companies Held Back

The controversial AI search engine, accused of aggressively scraping content, went all in on providing AI-generated election information.

Tech - Wired - 2 days ago

Albertsons’ stock climbs on Q2 earnings and revenue beat

Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.

Business - MarketWatch - October 15

Louis Vuitton Owner LVMH Misses Revenue Expectations

The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.

Business - The Wall Street Journal - October 15

InterContinental Hotels' Revenue Per Available Room Rises

The group said it expected to close out the year in line with market expectations after third-quarter revenue per available room rose on year.

Business - The Wall Street Journal - October 22

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

Air Liquide Revenue Hit by Lower Energy Prices

Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.

Business - The Wall Street Journal - October 23

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

Business - CNBC - October 25

Moncler Revenue Falls on Lower Demand in Asia, Europe

The Italian fashion group said the results were hit by lower consumer confidence in several markets, as the luxury industry continues to grapple with a period of volatility.

Business - The Wall Street Journal - October 29

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - October 29

Google's Cloud Business Powers Accelerating Revenue Growth

Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.