đź’¨ Abstract
Perplexity CEO Aravind Srinivas addressed financial concerns on Reddit, stating that the AI company is not facing serious financial pressure and has no plans for an IPO before 2028. He explained that the introduction of Perplexity's Auto mode is aimed at streamlining the user experience by simplifying AI product interfaces. The company continues to grow revenue with the funding they have raised.
Courtesy: techcrunch.com
Summarized by Einstein Beta 🤖
Suggested
Space solar startup Aetherflux raises $50M to launch first space demo in 2026
Stablecoin issuer Circle takes another stab at a public listing
OpenAI's o3 model might be costlier to run than originally estimated
Epic Games CEO calls Apple and Google 'gangster-style' businesses in need of competition
You might be following Second Lady Usha Vance on Instagram now
OpenAI seeks to convene group to advise its nonprofit goals
The affidavit of a Rippling employee caught spying for Deel reads like a movie
WordPress maker Automattic lays off 16% of staff
Epic Games acquires Loci to introduce automated 3D tagging
What to know about TikTok’s uncertain future in the US and the people who want to buy it
Powered by MessengerX.io