Venture

Perplexity, the search startup powered by artificial intelligence, is raising a new round of investment that would value the company at $9 billion, reports Reuters. The funding round, led by venture capital firm Institutional Venture Partners (IVP), is set to bring in $500 million, signaling continued investor enthusiasm for AI

Physical Intelligence, a startup developing foundational software for robots, has secured $400 million in early-stage funding, according to a report by Reuters. This investment round, which values the company at $2 billion, was led by Amazon's Jeff Bezos, OpenAI, Thrive Capital, and Lux Capital. Physical Intelligence is focused