May 14 (Reuters) - Perplexity AI said on Wednesday it
had partnered with payments firm PayPal ( PYPL ) to enable
direct purchases within its chat interface.
The deal will strengthen Perplexity's agentic commerce
offering, a rapidly growing trend where AI agents not only help
consumers with shopping but also handle transactions for them.
Through the partnership, users will be able to check out
instantly with PayPal ( PYPL ) or Venmo when they ask Perplexity Pro to
find products, book travel or buy tickets, starting this summer
in the United States.
The entire process, from payment to invoicing, will occur
behind the scenes through PayPal's ( PYPL ) account linking, which could
"eliminate the need for passwords" and "streamline the
experience to a single user query or click", the AI startup
said.
The partnership will also expand Perplexity's commerce tools
to PayPal's ( PYPL ) more than 430 million active accounts across nearly
200 markets.
Perplexity provides information by searching the internet,
similar to ChatGPT and Google's Gemini, and is backed by
Amazon.com ( AMZN ) founder Jeff Bezos, AI giant Nvidia ( NVDA )
and Japan's SoftBank Group.
The startup is in advanced talks to raise $500 million in a
funding round that would value it at $14 billion, the Wall
Street Journal reported on Monday.