• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

AI startup Perplexity adds shopping features as search competition tightens

by November 18, 2024
written by November 18, 2024

(Reuters) – Artificial intelligence search startup Perplexity on Monday launched a shopping hub to attract users, in a bid to beef up its platform as it attempts to take on Alphabet-owned Google (NASDAQ:GOOGL)’s dominance in the search engine space.

The firm, backed by Amazon (NASDAQ:AMZN) founder Jeff Bezos and leading AI chipmaker Nvidia (NASDAQ:NVDA), will give users product cards showing relevant items in response to questions related to shopping.

Each card provides product details in a visual format, the company said.

The new feature is powered by platform integrations including Shopify (NYSE:SHOP), which gives access to recent and relevant information on products from businesses on the Canadian e-commerce platform globally that ship to the United States.

E-commerce platforms have focused on employing more AI-powered tools in an effort to pull in more merchants.

Perplexity’s online shopping-focused rollout includes ‘Snap to Shop’ – a visual search tool that shows products based on users’ photos of an item.

The features are first launching in the United States and will later expand to other markets, the timeline for which was not specified.

Perplexity is also introducing a ‘Merchant Program’ to allow retailers to share product information with the company.

The startup is raising new investment that would value it at $9 billion, Reuters had reported earlier in November.

Perplexity has been looking to expand its offerings, with OpenAI now a direct competitor after the generative AI pioneer added a set of new search functions to ChatGPT.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump Media & Technology Group in talks to buy Bakkt: FT
next post
TNT’s ‘Inside the NBA’ headed for ESPN and ABC after Warner Bros. Discovery settlement

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems

      October 13, 2025
    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (652)
    • Stock (6,426)

    Latest News

    • UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems
    • China outlines more controls on exports of rare earths and technology

    Popular News

    • Trump Transportation Dept nominee says he will work to restore global confidence in Boeing
    • Deutsche Bank reacts to BoE’s cautious rate cut to 4.75%

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy