Perplexity AI gets the unicorn status after its latest round.

Perplexity, the AI search startup going against Google is on a roll. It just raised a huge round, doubling the startup’s valuation to over $1 billion. Plus, it has released an enterprise offer for companies after testing it with the likes of Stripe and Zoom.

What's going on here?

Perplexity has raised $62.7M and added an enterprise plan.

What does this mean?

Perplexity’s new enterprise plan is 2x pricier than its paid offer for AI-generated answers. Companies can get their employees access to this tool at $40/month/user along with features like data privacy and user management.

Companies like Zoom, Bridgewater, and Databricks are already using Perplexity Enterprise Pro and have good things to say.

The new funds raised will go towards the global expansion of the startup. It started the chain with SK Telecom from South Korea earlier this year and has added Japan’s SoftBank Corp. and Germany’s Deutsche Telekom to this list.

Why should I care?

Often enterprise AI is confined to thinking about internal search. Perplexity is betting that external searches are equally (or more) worthy to the company. If you research anything online, this matters. Imagine saving hours every week with a search tool that actually understands your questions.