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AI Search Startup You.com in Talks to Raise Funds at $1.4 Billion Valuation
Funding round is led by media conglomerate Cox Enterprises and will fund push into AI search for business
You.com, an artificial-intelligence search startup making a push into business software, is in talks with media conglomerate Cox Enterprises to raise funds valuing the company at $1.4 billion, said people familiar with the discussions.
The funding would support You.com’s push into selling AI search tools to businesses, after the company’s consumer product fell behind competitors like Perplexity. Startups are beginning to make inroads offering AI services to companies looking to automate and trim jobs in areas like software engineering.