Perplexity CEO Aravind Srinivas not too long ago took to Reddit to handle customers’ product complaints and reassure them that the corporate shouldn’t be underneath critical monetary stress.
Srinivas appeared to be responding, partially, to a consumer idea that the corporate is “doing horribly financially” and “making numerous modifications to chop prices.” As an instance, the theorizer pointed to Perplexity’s Auto mode, the place the AI search engine mechanically selects the mannequin with which to reply a consumer’s immediate.
On the opposite, Srinivas mentioned 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 mentioned is “not sustainable.”
“The consumer shouldn’t need to study a lot to make use of a product,” he mentioned.
As for whether or not Perplexity is going through stress to chop prices or Stock Launch, Srinivas mentioned, “We have all of the funding we’ve raised, and our income is barely rising.” In truth, he mentioned the corporate has “no plans of IPOing earlier than 2028.”
