Article
October 8, 2026
AI exuberance has helped fuel extraordinary returns for many AI-related private market companies like OpenAI and Anthropic,3 along with public market companies like AI chip leader Nvidia.4 But it's not just the largest AI names making moves. The AI search engine Perplexity is another example of an AI company that may be a bit smaller than these aforementioned AI giants, but it's quickly becoming a large company in its own right.1



































