Perplexity Launches $50M Fund to Fuel Early-Stage AI Innovation

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Top story: Perplexity AI, the company behind an innovative AI-powered search engine, has announced the launch of a $50 million venture capital fund focused on seed and pre-seed investments in artificial intelligence startups.

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In today’s morning:

• 💰 Perplexity Launches $50M Fund to Fuel Early-Stage AI Innovation

• 🔄 How to Automate Excel Tasks with Ajelix?

• 🤔 Why OpenAI's Deep Research Isn’t in Its API Yet?

• 🛠️ New Top AI Tools

• 🔮 More in the AI’s World

🕒 Estimated Reading Time: 5 minutes

LATEST IN AI

PERPLEXITY
💰 Perplexity Launches $50M Fund

Overview: Perplexity AI, the company behind an innovative AI-powered search engine, has announced the launch of a $50 million venture capital fund focused on seed and pre-seed investments in artificial intelligence startups. This move signals Perplexity's ambition to shape the future of AI beyond its own products.

Essential Details:

• The $50 million fund will target early-stage AI startups in the U.S., focusing on pre-seed and seed investments.

• Kelly Graziadei and Joanna Lee Shevelenko, formerly of f7 Ventures, will lead the fund as general partners.

• Perplexity will serve as a principal investor, with most of the capital coming from external limited partners.

• The fund leverages Perplexity's network of 80,000 developers to identify promising startups and trends.

• This initiative follows Perplexity's recent $500 million funding round that valued the company at $9 billion.

Why It Matters: Perplexity's entry into venture capital underscores the growing importance of AI in the tech ecosystem. By investing in early-stage startups, Perplexity aims to foster innovation, potentially identify strategic partners, and strengthen its position in the competitive AI landscape. This move could accelerate AI development across various sectors and provide crucial support for emerging technologies in their earliest stages.

TUTORIAL
🔄 How to Automate Excel Tasks with Ajelix?

Overview: Ajelix is an AI-powered tool designed to enhance productivity in Excel and Google Sheets by automating tasks, generating formulas, and simplifying data analysis.

Step-by-step:

• Open Ajelix and select the AI Formula Generator.

• Enter your problem or function requirement.

• Let AI generate the correct formula.

• Copy and paste it into your Excel or Google Sheets.

• Test the formula and refine if necessary.

Pro tip: Use Ajelix’s AI Script Generator to automate repetitive Excel tasks without coding.

OPENAI
🤔 Why OpenAI's Deep Research Isn’t in Its API Yet?

Overview: OpenAI has indefinitely postponed integrating its advanced "deep research" AI model into its developer API, citing concerns about the technology’s potential to spread persuasive misinformation. The decision follows internal evaluations revealing risks associated with AI-driven persuasion and manipulation.

Key Details:

• OpenAI identified vulnerabilities where the model could convincingly spread harmful narratives, particularly in sensitive areas like elections or financial markets.

• The model’s high computational costs (estimated $1,800/hour for video generation) and slow processing speed make it impractical for scalable API deployment.

• Launch delays in the EU, Switzerland, and Iceland stem from strict AI governance laws like the EU AI Act.

• The model remains exclusive to ChatGPT Pro ($200/month) for real-world behavior monitoring and safety protocol refinement.

• Rivals like Google’s Gemini Deep Research and open-source alternatives (e.g., DeepSeek R1) are accelerating market competition.

Why It Matters: OpenAI’s caution reflects heightened industry accountability for AI ethics. By prioritizing safety over rapid deployment, the company aims to set precedents for responsible AI development amid global regulatory scrutiny.

AI INSIGHTS

AI TOOLS
🛠️ Must-Try AI Tools & Websites:

• SysDesigna – AI prototyping for app design.

• Telescope – AI lead generation tool.

• Webcam Effects – Enhances video calls.

• Uizard – Automates UI design.

• Wikipedia Article AI – Generates Wikipedia articles.

📚 More in the AI’s World

Researchers have developed Evo 2, the largest AI model in biology, capable of predicting genetic mutations and designing new genomes across all domains of life.

YouTube has introduced AI-generated video clips for its Shorts platform, powered by Google DeepMind's Veo 2 model, allowing creators to generate video content from text prompts.

OpenAI has introduced "Operator," a new AI assistant that can handle various online tasks such as ordering groceries and processing ticket purchases.

Adobe has launched AI-powered video generation tools through its Firefly application, allowing users to create short videos using text prompts.

Raytheon has developed CADS, an AI system for electronic warfare that enhances radar warning systems by analyzing and identifying threats in real-time.

Thanks for sticking around…

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Jahanzaib