This Financial Times report highlights major financial developments including Elliott Management's proxy battle at Phillips ...

Hangzhou-based Metis Pharmaceuticals is considering a Hong Kong IPO to raise up to USD 200 million, according to sources. The AI-driven drug discovery firm has raised USD 300 million to date and ...

NEW YORK] Perplexity AI, a startup building an artificial intelligence (AI) search engine to compete with Google, is in ...

The company’s most recent raise in December valued it at $9 billion. The new round that Perplexity is reportedly negotiating ...

Shares of technology companies rallied after a truce in the trade war alleviated fears of rising costs and shrinking markets. Shares of Apple, which counts China as both a manufacturing partner and ...

Artificial intelligence captures tech world's imagination as startups like Perplexity gain valuation of $14 billion in latest ...

As Alphabet investors worry about Google’s fading dominance, a start-up AI-powered search engine is raising more money.

The artificial intelligence search engine company competes against the likes of Google and Microsoft-backed OpenAI.

The move is a sign of increased investor excitement about AI’s potential to challenge Google’s longstanding dominance over ...

Perplexity, an artificial intelligence-powered search engine, has had discussions with Accel for its latest financing, a $500 million capital raise at a $14 billion valuation, including the investment ...

Perplexity AI is in advanced talks to raise $500 million in a funding round that would value the startup at $14 billion, the ...

Investment firm Morgan Stanley says that the ever-increasing growth of Apple's Services could be over, as search and AI are ...