Perplexity AI CEO Denies Rumors Company Is Disintegrating Behind the Scenes

The CEO of Perplexity AI insists that his company is doing just fine, thank you very much. Responding to a user theory suggesting that the company is suffering glitches because it's "doing horribly financially," CEO Aravind Srinivas took to his haters' home turf — that is, the r/Perplexity_AI subreddit — to set the record straight. In the original trash-talking post, user "nothingeverhappen" alleged, per a "campus strategist" they know, that Perplexity had "paused all funding for marketing and partnerships." They also claimed that the wannabe Google competitor is "going public on the stock market" — a move they wagered would "only" happen if Perplexity needed a "massive cash injection." Additionally, the user said they suspected that the AI search company may be cutting costs in other ways, including that it seems to revert to "auto mode" regardless of user preference — a reference to Perplexity's drop-down which, like most other chatbots, lets users toggle between its quicker, more ... Read full article.