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Aravind Srinivas, Co-Founder & CEO of Perplexity, speaks onstage during TechCrunch Disrupt 2024

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Aravind Srinivas, co-founder and chief executive officer of Perplexity, during TechCrunch Disrupt in San Francisco, California, US, on Wednesday, Oct. 30, 2024.

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PerplexityCEO Aravind Srinivas recently took to Reddit toaddress user ’ ware complaints and assure themthat the company is not under serious financial pressure .

Srinivas seemed to be responding , in part , toa drug user theorythat the caller is “ doing horribly financially ” and “ make lots of changes to cut price . ” As an example , the idealogue orient to Perplexity ’s Auto style , where the AI search engine automatically take the model with which to answer a user ’s prompting .

On the reverse , Srinivas sound out Perplexity created Auto mode because “ all AI ware right now are send non - hold on and adding a gross ton of buttons and dropdown menus and mare’s nest , ” which he say is “ not sustainable . ”

“ The substance abuser should n’t have to get a line so much to use a Cartesian product , ” he enunciate .

As for whether Perplexity is facing pressure to burn cost or IPO , Srinivas say , “ We have all the financial backing we ’ve raise , and our tax revenue is only uprise . ” In fact , he said the company has “ no plan of IPOing before 2028 . ”

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