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Perplexity.ai raises $26.5M

Perplexity.ai, a San Francisco, Calif.-based information discovery and sharing startup has raised a $25.6 million series A funding round.

The investment was led by Peter Sonsini, with participation from the company’s existing investors Elad Gil, Nat Friedman, and Bob Muglia.

New investors in Perplexity.ai’s Series A round include Susan Wojcicki, Paul Buchheit, Soleio, and Databricks Ventures.

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.