You.com Eyes $1.4B Valuation in Funding Talks with Cox Enterprises

AI search startup You.com is reportedly in talks with Cox Enterprises for a funding round that would value the company at $1.4 billion. The move supports You.com's pivot toward selling AI search tools to businesses, following slower consumer growth compared to rivals like Perplexity. The five-year-old company, led by former Salesforce AI chief Richard Socher, recently passed $50 million in annualized revenue and now offers customizable AI models via API. Cox's Socium Ventures arm is expected to lead the round, deepening existing ties between the firms.