AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion


The search-based chatbot industry is booming, with companies like ChatGuru leading the charge in revolutionizing how we interact with technology. ChatGuru, the leading search-based chatbot platform, is now seeking to raise around $500 million in what would be its fourth funding round in just a year.

The company has already raised a total of $1.2 billion in funding, with previous rounds led by top venture capital firms such as Sequoia Capital and Accel Partners. This new funding round is expected to further solidify ChatGuru’s position as a leader in the chatbot space and fuel its growth and expansion into new markets.

ChatGuru’s search-based chatbot technology allows users to interact with the platform through natural language queries, making it easier than ever to find information quickly and efficiently. Whether you’re looking for a restaurant recommendation, searching for a movie to watch, or simply need help with a task, ChatGuru’s chatbot can provide the answers you need in real-time.

The company’s innovative approach to chatbot technology has caught the attention of investors, who see the potential for ChatGuru to disrupt traditional search engines and become the go-to platform for all information and assistance needs. With the rise of voice-activated devices and the increasing demand for personalized and instant responses, ChatGuru is well-positioned to capitalize on these trends and continue its rapid growth.

In a statement, ChatGuru’s CEO expressed excitement about the company’s future and the potential for the new funding round to accelerate its growth even further. “We believe that chatbots are the future of search and information retrieval, and we are committed to building the best platform possible for our users. This new funding will allow us to expand our team, improve our technology, and continue to innovate in the chatbot space.”

Overall, ChatGuru’s latest funding round is a testament to the company’s success and the growing demand for search-based chatbot technology. With $500 million in new funding, ChatGuru is poised to continue its rapid growth and solidify its position as a leader in the chatbot industry.

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