BEAMSTART Logo

HomeNews

Perplexity CEO Aravind Srinivas Shuts Down Financial Rumors, Says AI Search Startup Has 'No Plans Of IPOing Before 2028'

Benzinga LogoBenzinga1d ago

Perplexity CEO Aravind Srinivas Shuts Down Financial Rumors, Says AI Search Startup Has 'No Plans Of IPOing Before 2028' - Benzinga

Quick Summary:

Last week, in a direct response to growing speculation online, Perplexity CEO Aravind Srinivas took to Reddit Inc.(NYSE:RDDT) to deny rumors that the AI search company is facing financial trouble or preparing for an imminent IPO.

What Happened: Srinivas addressed user concerns in a Reddit thread where some claimed Perplexity was in financial trouble and making cost-cutting changes, citing the platform's Auto mode as an example.

The CEO pushed back on that narrative, saying the change wasn't about cutting costs but improving user experience. 

More Pictures

Perplexity CEO Aravind Srinivas Shuts Down Financial Rumors, Says AI Search Startup Has 'No Plans Of IPOing Before 2028' - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 10:26:04 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27473472

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 22 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Perplexity CEO Aravind Srinivas Shuts Down Financial Rumors, Says AI Search Startup Has 'No Plans Of IPOing Before 2028'" has 436 words across 25 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Perplexity CEO Aravind Srinivas Shuts Down Financial Rumors, Says AI Search Startup Has 'No Plans Of IPOing Before 2028'" was covered 1 days ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27473472
  • URL: https://beamstart.com/news/perplexity-ceo-aravind-srinivas-shuts-174341845771

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.