Perplexity CEO Commits to 2028 IPO

Perplexity CEO Aravind Srinivas told CNBC the company will go public in 2028 regardless of market conditions. Perplexity's ARR surpassed $450 million in March 2026, a 50% acceleration in 30 days from its autonomous agent platform. Srinivas warned that AI valuations become problematic if model advances stall for six months.