Perplexity AI targets $8B valuation in new funding

Perplexity AI is aiming for a massive $8 billion valuation in its latest funding round, shifting toward an advertising model. UBS has sold its stake in Swisscard to American Express, marking a significant move in the financial sector. Meanwhile, activist investor Starboard has taken a position in Kenvue, stirring interest in market dynamics. Additionally, there are updates on stock performances and insights into current financial trends, showcasing the ever-evolving landscape of business and investment.