Perplexity says it will offer $1M funding if you can build a $1B startup using AI

AI is making it easier to do almost everything. Be it assignments, homework, coding, and apparently, starting companies. AI startup Perplexity is so confident that its AI agent, Perplexity Computer, can help build you a company, that it is offering to invest a million dollars (roughly over Rs 9 crore) if you succeed.

On X, Perplexity announced a competition called the “Billion Dollar Build.” The pitch is quite simple – create a company using Perplexity Computer that can reach a valuation of $1 billion. Here is all you need to know.

What is Perplexity’s Billion Dollar Build?

The Billion Dollar Build is a competition open to Perplexity users. In this challenge, you must use Perplexity Computer as the primary tool to design, validate, and build a company with a “credible path” to a $1 billion valuation.

Perplexity Computer is a multi-agent AI platform that can do tasks on your behalf. It works like an AI agent that can run multiple AI models, be it from Anthropic, OpenAI, or Google, based on the requirement.

But to achieve this feat, you only have a period of 8 weeks. The company’s official website states that the entire process must be completed within this period, be it shipping the product or onboarding users.

The Perplexity website suggests startup such as personal relocation agents or a localisation platform for apps that can translate and localise a service for different regions.

What’s the prize for Perplexity’s contest

After 8 weeks, Perplexity…