Jeff Bezos It is Mark Zuckerberg Do you expect a global financial disaster? That’s because American billionaires are selling shares, and not in small numbers. But what happened in the last few days? Leon Black, from Apollo Global Management, enacted its first sale in 34 years, losing $172.8 million on its stock company. The Walmart family sold $1.5 billion in one week
In the last two months of 2023, Mark Zuckerberg sold nearly half a billion dollars worth of Meta Platforms Inc. shares. Jeff Bezos sold an additional 14 million Amazon shares, worth about $2.4 billion, bringing the total number of shares he sold in the company to about 50 million. Experts do not consider this a good sign, as they say this could be connected to the US presidential elections. USA approaching this year.
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The investment of Jeff Bezos at Perplexity AI almost doubled in value in a few months. Thus, the main challenger of Google approached the status of almost US$1 billion. Although the task is not easy, the founder of Amazon bet on his newest creation. A startup that, despite daunting odds, is taking on the search giant.
Founded in August 2022, Perplexity AI intends to challenge Google in the coming years. It bets on offering a search engine based on AI what is “part chatbot and part search engine“. Thus, the tool can generate “Real-time information and footnotes showing the sources of your answers”, as the startup states on its own website.
The financing round evaluated the Perplexity AI at around US$520 million. Thus, just a few months after launch, the venture is close to finalizing a new million-dollar deal, according to a report published this week by Wall Street Journal. If this happens, it means that the investment of Bezos almost doubled in the space of a few months.
Source: Atrevida
Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.
