AI search firm Perplexity: company well-funded, no IPO plans until 2028

April 1, 2011 - AI search firm Perplexity Co-Founder and Chief Executive Officer Aravind Srinivas A post on Reddit on March 28, local time responded to recent concerns from users about the state of the business and its products.

AI search firm Perplexity: company well-funded, no IPO plans until 2028

On the financial side, he said Perplexity is currently well-funded, on an upward trajectory of revenue, and has not made the 2028 IPO programThe previously introduced Auto Auto-Select model search mode is not about cost savings, it's about making the product better.

For Auto mode, Aravind Srinivas said that AI model developers, including Perplexity itself, are rapidly launching new model products, and that adding the option of searching for models one by one is unsustainable, and that Auto mode simplifies the learning process for users.

1 Understanding.Perplexity is also developing a more powerful deep research intelligenceIt can think for 30 minutes or more. The enterprise is rewriting its infrastructure for this purpose, in order to realize the human-computer interaction, tooling, and code execution capabilities required for this intelligence at scale.

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