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Google could kill Perplexity, but didn't: Aravind on AI startups
Inshorts
·
4m ago
Medial
On being asked whether AI startups will be taken over by tech giants, Perplexity CEO Aravind Srinivas said, "Google had two years to kill Perplexity and it hasn't". He added that Google's dependence on advertising revenue obstructs its adoption of full-scale AI-generated responses. In an apparent dig at Google, Aravind said, "If AI gave...direct answers...then...how can you sell Ticketmaster ads?"
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Perplexity's Founder Was Inspired by Sundar Pichai. Now They’re Competing to Reinvent Search
Wired
·
1y ago
Medial
Aravind Srinivas, the CEO of Perplexity AI, credits Google CEO Sundar Pichai for inspiring him to start eating eggs. Srinivas, a vegetarian from India, saw a video of Pichai casually describing his morning routine, which included eating an omelet. This small interaction sparked admiration and later turned into rivalry as Srinivas grew in his career. He eventually joined Google as a research intern and later co-founded Perplexity, a search engine powered by generative AI that aims to disrupt Google's dominance. Perplexity has raised $100 million in funding and boasts 15 million active users. Srinivas sees a chance to compete with Google by leveraging AI technology developed by other companies like OpenAI and Meta. However, Perplexity's biggest challenge is gaining user awareness and trust. Srinivas envisions a future where Perplexity could incorporate advertising but with better targeting enabled by generative AI.
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Perplexity’s CEO on fighting Google and the coming AI browser war
The Verge
·
2m ago
Medial
Aravind Srinivas, CEO of Perplexity, is challenging Google by striving to have the Perplexity AI assistant preinstalled on Android devices. While collaborating with Motorola, his company plans to launch its own browser, Comet, positioning it as a pivotal player in the emerging AI browser arena. As Google faces antitrust scrutiny, these developments create opportunities for Perplexity, highlighted by its pre-installation deal with Motorola's new Razr phones, potentially expanding their customer base significantly.
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Who is IIT Madras alumnus Aravind Srinivas, CEO of Perplexity AI?
Twitter
·
1y ago
Medial
Aravind Srinivas, whose US-based search startup Perplexity AI has become a unicorn after raising $62.7 million from Jeff Bezos and others, holds a dual degree in electrical engineering from IIT Madras. He completed his PhD in computer science from the University of California, Berkeley. Srinivas worked with OpenAI and Google before co-founding Perplexity AI in 2022.
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'Don't break Google': Perplexity AI CEO offers alternative ahead of antitrust testimony
Economic Times
·
3m ago
Medial
Perplexity AI's CEO, Aravind Srinivas, argues against breaking up Google amid an antitrust case regarding its search monopoly. He believes Chrome's dominant market position is due to its quality and suggests consumer choice as a remedy instead. The case could potentially lead to changes like separating Chrome from Google and forcing Google to license user data to competitors. The hearing began on April 21, with a judgement expected by August.
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Perplexity AI raises $73.6M in funding round led by Nvidia, Bezos, now valued at $522M
Business Today
·
1y ago
Medial
Perplexity AI, a search startup, has raised $73.6 million in a Series B funding round led by Nvidia and Jeff Bezos. The company specializes in advanced search tools that provide instant answers with sources and citations. With this funding, Perplexity AI's valuation has reached $520 million. The startup plans to expand its team, enhance product development, and focus on global expansion efforts. CEO Aravind Srinivas believes Perplexity AI's approach sets it apart from traditional search engines like Google, positioning it as a next-generation search tool.
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Perplexity AI CEO Aravind Srinivas confirms bid for TikTok laced with US govt stake; social media reacts to cryptic post | Company Business News
Livemint
·
6m ago
Medial
Perplexity AI's CEO Aravind Srinivas confirmed a bid for TikTok's US operations, aiming to satisfy investors and Trump's desire for American ownership. This move aligns with Trump's preference for US equity and American control. Perplexity plans to combine its AI search engine with TikTok’s platform, enhancing its competitive edge. Social media opinions varied, with skepticism about funding capability, but some praised the strategic merger potential. ByteDance hasn't commented on the proposals.
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Google offers 300% hike to retain employee switching to AI startup
Livemint
·
1y ago
Medial
Google once offered a 300% salary hike to an employee who was planning to switch to Perplexity AI, according to Perplexity AI's CEO Aravind Srinivas. Srinivas emphasized the extent to which tech giants are willing to retain their employees. The tech industry has recently witnessed layoffs, with Google alone cutting 32,000 roles. Last month, CEO Sundar Pichai warned of further job cuts, stating the need to make "tough choices" for new investments. In 2023, Google announced plans to cut around 12,000 jobs, approximately 6% of its workforce.
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NuVentures becomes investor in AI unicorn Perplexity
YourStory
·
8h ago
Medial
NuVentures, an early-stage venture capital firm, has invested in AI unicorn Perplexity through a secondary transaction, although the amount was not disclosed. Perplexity, co-founded by IIT Madras alumni Aravind Srinivas, has rapidly increased its valuation to $18 billion. The investment provides NuVentures access to the AI startup ecosystem in the U.S. and insights into enterprise market solutions. NuVentures recently launched a $75 million fund to support startups in the U.S. and India.
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Perplexity plans to raise up to $1 bn at $18 bn valuation
Inshorts
·
4m ago
Medial
Perplexity AI is in early talks to raise up to $1 billion in funding at $18 billion valuation, Bloomberg reported. This new funding round could potentially double the AI startup's valuation from $9 billion as of December. Led by CEO Aravind Srinivas, the startup is backed by NVIDIA, Amazon Founder Jeff Bezos and Japan's SoftBank Group.
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Zerodha, Perplexity Hint at Tie-Up to Bring Indian Stock Market Data to AI Browser 'Comet' – Outlook Business
OutlookIndia
·
5d ago
Medial
Zerodha co-founder Nikhil Kamath and Perplexity AI founder Aravind Srinivas hinted at a potential collaboration to integrate Indian stock market data into Perplexity's AI browser, Comet, following a casual exchange on social media platform X. Although no formal agreement exists yet, the proposed partnership could significantly enhance Comet’s functionality, benefitting users by providing real-time market data. Both executives have shown interest in exploring the possibility further, which could expand Zerodha's reach and enhance Comet's capabilities.
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