PYMNTS.com March 31, 2025
The CEO of artificial intelligence (AI) firm Perplexity says there’s no truth to speculation that his company is struggling.
Aravind Srinivas made this comment in a recent Reddit post — flagged Sunday (March 30) in a report by TechCrunch — aimed at reassuring users and answering their product complaints.
As the TechCrunch report noted, Srinivas seemed to be replying to a user theory that the AI search company is “doing horribly financially” and “making lots of changes to cut costs.”
For instance, this theory cites Perplexity’s Auto mode, where the AI search engine automatically chooses the model with which to answer a user’s prompt.
But according to Srinivas, the company Perplexity developed Auto mode because “all AI products right now...
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