💰 Perplexity is raising $500M

What we’ll cover today:

💰 Perplexity is raising $500M to take on ChatGPT & Google

🧠 ‘Comet’ browser aims to reinvent AI search

🍎 Apple gets a tariff breather and talks U.S. factory billions

🔮 What this means for AI SaaS builders & global production trends

Perplexity’s $500M Move Amid AI Search Wars 🤖💰

Perplexity AI, a ChatGPT rival, is raising $500M at a $14B valuation—led by VC giant Accel. Google, watch out.

🚨Breaking News:
Perplexity is betting big on its new AI browser ‘Comet’ while competing with OpenAI, Google, and Anthropic in search.

⚡Wire Simplified –

• Perplexity AI is raising $500M at a $14B valuation (down from earlier $18B plans).

• Accel is leading the round—deal still being finalized.

• Its AI search engine now brings in ~$100M per year.

• Launching ‘Comet,’ a browser to rival OpenAI’s and Google’s AI search.

• Competition is heating up with Anthropic, ChatGPT’s search tools, and Google’s AI Overviews.

✔️Straight to the Point:
Perplexity is locking horns with tech titans in AI search—but can ‘Comet’ really outshine the ChatGPT + Google duo?

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Trump, Tim Cook & a $500B Apple Promise 🍎🇺🇸

President Trump and Apple CEO Tim Cook are shaking hands over a 90-day China tariff pause. Apple stock jumped.

🚨Breaking News:
Trump says Cook will invest $500B in U.S. factories after tariff pause—Apple’s stock surges 6% in response.

⚡Wire Simplified –

• U.S. and China paused most tariffs for 90 days.

• Apple stock rose 6% after Trump hinted at $500B investment.

• Apple plans AI server assembly in Houston.

• Some tariffs still remain—30% on parts from China, 10% from India/Vietnam.

• Experts doubt Apple will move iPhone production to the U.S.—too pricey.

✔️Straight to the Point:
Trump’s tariff truce may boost Apple short-term, but shifting iPhone production to the U.S. isn’t happening anytime soon.

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