Perplexity CEO Aravind Srinivas lately took to Reddit to handle customers’ product complaints and reassure them that the corporate is just not below severe monetary stress.
Srinivas gave the impression to be responding, partly, to a consumer concept that the corporate is “doing horribly financially” and “making plenty of modifications to chop prices.” For instance, the theorizer pointed to Perplexity’s Auto mode, the place the AI search engine robotically selects the mannequin with which to reply a consumer’s immediate.
Quite the opposite, Srinivas stated Perplexity created Auto mode as a result of “all AI merchandise proper now are transport continuous and including a ton of buttons and dropdown menus and muddle,” which he stated is “not sustainable.”
“The consumer shouldn’t should be taught a lot to make use of a product,” he stated.
As for whether or not Perplexity is dealing with stress to chop prices or IPO, Srinivas stated, “Now we have all of the funding we’ve raised, and our income is just rising.” In reality, he stated the corporate has “no plans of IPOing earlier than 2028.”
