Perplexity signs $750 million AI cloud deal with Microsoft, Bloomberg News reports

AI startup Perplexity has signed a $750 ⁠million agreement with Microsoft to use its Azure cloud service, Bloomberg News reported on Thursday, citing people ‌familiar with ‌the matter.

The three-year deal will allow Nvidia-backed Perplexity to ‌run a range of AI models through Microsoft’s Foundry program, including systems from OpenAI, Anthropic and xAI, the report said.

“Perplexity has chosen ​Microsoft Foundry as its ​primary AI platform for model sourcing under ‌a ‍new multi-year agreement,” a Microsoft spokesperson ‍told Reuters.