#3
Perplexity AI
Perplexity AI achieved a $9 billion valuation by mid-2025 with its AI-native search engine that answers questions with cited sources, directly threatening Google's core business. Growing from 10 million to 100 million monthly queries in under 18 months, Perplexity attracted investments from Jeff Bezos, Nvidia, and IVP. Its Pro subscription launched an enterprise tier in early 2025.
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