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Perplexity CEO denies having financial issues, says no IPO before 2028

  • Perplexity CEO, Aravind Srinivas, denies claims of serious financial pressure and stated that the company has sufficient funding.
  • Srinivas addressed a user theory that the company is facing financial issues and making cost-cutting changes.
  • Perplexity created Auto mode to simplify AI usage for users by reducing clutter and complexity.
  • The CEO stated that there are no plans for an IPO before 2028 and the company's revenue is growing.

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