Perplexity, the AI-powered search engine, has launched Perplexity Labs, a groundbreaking tool that generates comprehensive reports, spreadsheets, and dashboards in approximately 10 minutes—tasks that previously required days of manual work.
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What is Perplexity Labs?
Perplexity Labs represents a significant leap in AI-powered research capabilities. This new service goes beyond traditional search functionality, offering users the ability to create complex projects including:
- Trading strategies and financial analysis
- Interactive dashboards and data visualizations
- Real estate research with headless browsing
- Mini web applications
- Visual storyboards
- Comprehensive asset directories
Key Features and Capabilities
Advanced Research Automation
Labs can pull financial reports directly from the web and perform deep analytical dives using iterative tool calls. This sophisticated approach produces consistent, actionable insights with embedded charts and dashboards.
Visual-Rich Output
Unlike traditional text-heavy search results, Perplexity Labs creates visually engaging content with inline images and diverse asset formats, significantly enhancing user utility and comprehension.
Complex Task Handling
The platform’s versatility has impressed even its creators. For example, Labs can research momentum trading strategies ahead of events like Apple’s WWDC by analyzing historical price fluctuations—though the company emphasizes this is for research purposes only, not trading advice.
Market Impact and Valuation
This launch intensifies Perplexity’s competition with Big Tech giants in the AI space. The Wall Street Journal recently reported that Perplexity is in advanced funding talks to raise $500 million, potentially valuing the company at $14 billion.
Availability and Access
Perplexity Labs is currently available exclusively to Pro users who must sign in to access the new mode. The company has already showcased impressive projects created by early testers, demonstrating the tool’s practical applications across various industries.
The Future of AI-Powered Research
Perplexity Labs represents a paradigm shift from simple question-and-answer interactions to comprehensive project generation. By combining web scraping, data analysis, and visual presentation in a single platform, Labs positions itself as an essential tool for professionals requiring rapid, thorough research capabilities.
This development signals a broader trend toward AI tools that don’t just provide information but actively create professional-grade deliverables, potentially revolutionizing how businesses approach research and analysis tasks.
Ready to experience next-generation AI research? Visit perplexity.ai to explore Perplexity Labs and transform your workflow today.