Perplexity’s ARR Rises to $500 Million

Perplexity’s annualized revenue run rate has more than doubled since the end of last year to $500 million as of this week, said a person familiar with the situation, as demand for the AI firm’s new agent-based product drives subscription growth.

Perplexity’s growth is the latest sign of how use of AI products is taking off this year among businesses. Anthropic reported earlier this week that