The acquisition is Perplexity's second following its acquisition of Spellwise in 2023.
Decart’s Series A valuation is approximately US$500 million, a significant increase from the previous round.
Previously, Zhipu had raised $400 million in a round of financing involving Saudi Aramco’s venture capital arm.
The IPO aims to raise up to $174 million.
The company will certainly likewise pilot making use of expert system.
The collaboration will begin in 2025 under the Stanford University Digital Futures Initiative.
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