Is Perplexity losing the AI search war to Google and OpenAI?

[Sevam]

Utsav Techie dropped a solid analysis on Perplexity's massive shift. With Google Gemini and ChatGPT Search aggressively taking over the AI search space, Perplexity is fighting the "AI wrapper" trap by pivoting hard into an agentic AI platform.

Despite the struggle for consumer search traffic, Nvidia is eyeing an investment at a $30B+ valuation.
Is Perplexity losing the search engine battle or quietly building an enterprise monster?