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SoftBank to Back AI Startup Perplexity at $3 Billion Valuation

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June 27, 2024, 4:07 a.m. | Min Jeong Lee, Shirin Ghaffary

Bloomberg Technology bloomberg.com

SoftBank Group Corp.’s Vision Fund 2 is investing in US artificial intelligence startup Perplexity AI at a $3 billion valuation, Masayoshi Son’s latest bet on a sector he deems crucial to securing his legacy.

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