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Perplexity CEO denies having financial issues, says no IPO before 2028
Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious
Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the theorizer pointed to Perplexity’s Auto mode, where the AI search engine automatically selects the model with which to answer a user’s prompt. On the contrary, Srinivas said Perplexity created Auto mode because “all AI products right now are shipping non-stop and adding a ton of buttons and dropdown menus and clutter,” which he said is “not sustainable.” TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
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