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Google just got a wake-up call, and it came from a two-year-old startup that most people hadn’t even heard of until recently. Perplexity AI, the so-called "wrapper" startup, just hit a jaw-dropping $100 million in annual revenue, is growing at a ridiculous pace, and is now valued at $18 billion. That’s an 180x revenue multiple. For something that was dismissed as "just a wrapper." But here’s the thing—does it even matter if it’s a wrapper? If a burrito can be worth $18 billion, why not an AI company? Perplexity isn’t just answering questions, it’s completely rethinking the way we search for information, and clearly, users are loving it. No fluff, no free trial traps, just pure speed, clean UX, and straight-to-the-point results. While Google is still figuring out how to fit AI into its search empire without breaking its ad business, Perplexity is out here moving fast and actually making money. And they’re just getting started. They’re already working on enterprise search, API integrations, consumer subscriptions, and a bunch of other revenue streams that could easily push them past the billion-dollar mark in the next few years. Meanwhile, Google—the behemoth that basically owns the internet—just got outplayed by a company that doesn’t even have its own large language model. But maybe that’s the lesson here—it’s not just about models anymore. It’s about momentum. And right now, Perplexity has all of it.