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Perplexity CEO Aravind Srinivas not too long ago took to Reddit to deal with customers’ product complaints and reassure them that the corporate shouldn’t be beneath critical monetary strain.
Srinivas gave the impression to be responding, partly, to a person idea that the corporate is “doing horribly financially” and “making numerous 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 person’s immediate.
Quite the opposite, Srinivas stated Perplexity created Auto mode as a result of “all AI merchandise proper now are delivery continuous and including a ton of buttons and dropdown menus and litter,” which he stated is “not sustainable.”
“The person shouldn’t should study a lot to make use of a product,” he stated.
As for whether or not Perplexity is going through strain to chop prices or IPO, Srinivas stated, “We’ve got all of the funding we’ve raised, and our income is barely rising.” The truth is, he stated the corporate has “no plans of IPOing earlier than 2028.”
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