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Perplexity AI's $500 Million Funding: How This AI is Raising the Stakes at $14 Billion!
Elevate Insights
May 19, 2025
đź—Ł Quote of the Week
"You just gotta keep going and fighting for everything, and one day you’ll get to where you want."
Happy Monday everyone! Another $500 million has been added to Perplexity AI’s already amazing valuation. But what do they exactly do? More on this later in the Weekly Topic!
Lethal Weapon 2 (1989)
In other news, Digital banking startup Chime files for U.S. IPO. Foot Locker stock soars 85% upon news of Dick’s Sporting Goods $2.4 Billion Takeover. Kraft Heinz investing $3 billion to upgrade its U.S. manufacturing
⤵️ In this week’s insight:
Weekly Highlights
AI Is Dangerous, but Not for the Reasons You Think | Sasha Luccioni | TED
Digital Tool of the Week
AI tool for Studying More Efficiently
Weekly Topic
Perplexity AI's $500 Million Funding: How This AI is Raising the Stakes at $14 Billion!
🔎 Weekly Highlights
This week’s highlight is from Sasha Luccioni
Summary
AI has significant negative impacts on society, including its contribution to climate change through high energy consumption and carbon emissions from training models, alongside issues of discrimination against marginalized communities.
Biased AI systems, particularly in facial recognition, lead to false accusations and wrongful imprisonment, highlighting the urgent need to address representation and fairness in AI technologies.
To mitigate these impacts, it is essential to measure AI's effects, ensure copyright compliance, and establish regulatory frameworks that promote sustainable and equitable use of AI.
đź’¸ Assets & Commodities
📬 Weekly Trivia
The Simpsons - How the Test Was Won [S20E11]
Q. As of May 2025, what is Perplexity AI’s estimated valuation after its latest funding round?
The trivia answer is at the bottom of this week’s insight
đź”— Elevate Sphere
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