PANews reported on November 7 that according to Reuters, AI search startup Perplexity is raising a new round of financing with a valuation of $9 billion. This round of financing is expected to raise $500 million, led by Institutional Venture Partners (IVP), which holds a seat on the Perplexity board of directors. In January this year, Perplexity completed a $73 million Series B financing, with a valuation of approximately $520 million at the time, also led by IVP.