Perplexity "doing horribly financially": CEO responds, 'we have all the ...
Aravind Srinivas, CEO of Perplexity, denied financial difficulty rumours on Reddit, stressing the company's stability and no IPO plans before 2028. Recent product changes, like Auto mode, weren't cost-cutting but aimed at improving usability. Srinivas acknowledged concerns, promising better processes and clarifying model removals were due to performance issues, affirming Perplexity's growth and innovation commitment.
Aravind Srinivas, CEO of Perplexity, denied financial difficulty rumours on Reddit, stressing the company's stability and no IPO plans before 2028. Recent product changes, like Auto mode, weren't cost-cutting but aimed at improving usability. Srinivas acknowledged concerns, promising better processes and clarifying model removals were due to performance issues, affirming Perplexity's growth and innovation commitment.
