Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reports


FILE PHOTO: Perplexity logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

June 8 (Reuters) - AI firm ⁠Perplexity is planning to go public in 2028 ⁠regardless of how the market receives the listings of ‌Anthropic and OpenAI, CNBC reported on Monday,citing an interview with CEO Aravind Srinivas.

• "Agnostic of these two companies, we were planning for something in 2028, ​so that still remains the case," ⁠Srinivas told CNBC in ⁠an interview.

• OpenAI confidentially filed for a U.S. IPO earlier on ⁠Monday, ‌following Anthropic's filing last week. Elon Musk's SpaceX is also preparing to go public on Friday.

• "I ⁠certainly think there will be ripple effects if ​they don't ‌go well, like there is no sugar coating on ⁠that. The SpaceX ​IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out," Srinivas told CNBC.

• "I ⁠think it's important for the AI industry ​that these IPOs go well, and I actually think they will go well, because they’re doing well," Srinivas added.

• "By consistently ⁠holding 2028 as our earliest date for an IPO, Perplexity has been able to build a healthy, high-growth business," Chief Business Officer Dmitry Shevelenko told Reuters in an emailed statement.

• ​In 2025, addressing speculation about Perplexity's ⁠finances, Srinivas said the company was not running out of ​money and had no plans to ‌go public before 2028.

(Reporting by Natalia ​Bueno Rebolledo in Mexico City, additional reporting by Angela Christy M in Bengaluru; Editing by Rashmi Aich)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Obama voices caution on AI, urges Democrats to tackle it, NYT says
Get ready for Grand Theft Auto VI and eleven more games to play this fall
Virtual Taekwondo takes the contact out of a combat sport
'Orbitals'�for Switch 2:�A space adventure with retro anime charm
After OpenAI’s bots went rogue, watchdogs were kept on a short leash
Hyundai Motor to roll out in-house driver-assist system in 2029
OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable'
Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
Anthropic CEO urges AI companies to slow model development amid fears over misuse
Hidden crypto farm in Mexican mountains puts spotlight on cartel funding

Others Also Read