An index of frontier and emerging AI labs.
Foundation models & agents
AI-powered answer engine combining LLMs with real-time web search; trains its own Sonar (Llama-based) and R1 1776 (DeepSeek-based) models and ships the Comet browser. Valued at $20B in September 2025.
| Name | Perplexity |
|---|---|
| Aliases | Perplexity AI |
| Space | Foundation models & agents |
| Founded | 2022 |
| Latest valuation | $20B |
| Stage | — |
| Status | active |
| HQ | San Francisco |
| Founders | Aravind Srinivas, Denis Yarats, Johnny Ho, Andy Konwinski |
| Website | https://www.perplexity.ai |
| Careers | https://www.perplexity.ai/hub/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | $20B | reported |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Perplexity added to tracker Latest valuation: $20B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Character.AI | — | 2021 |
| MBZUAI / Institute of Foundation Models | — | 2019 |
| Sierra | $15B | 2023 |
| MiniMax | ~$11.5B | 2021 |
| Zhipu AI | ~$6.6B (mkt cap) | 2019 |
| Hark | $6B | 2025 |
| StepFun | ~$6B | 2023 |
| Baichuan AI | ~$2.7B | 2023 |