Anthropic · OpenAI · Claude · SpaceX · CNBC Technology
Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
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Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CEO Aravind Srinivas told CNBC.
Key facts
- If there is an open source model that gets the job done 90% of the time, I'd probably use that if it's 10 to 20 times cheaper than the frontier model," Srinivas explained
- Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CEO Aravind Srinivas told CNBC
- While there are no details on share pricing, Anthropic was last valued at nearly $1 trillion
- Enterprise spending on AI has become a key focus after OpenAI CEO Sam Altman reportedly said in a company live stream that companies are now discussing how much they're spending on AI
Summary
"Agnostic of these two companies, we were planning for something in 2028 so that still remains the case," Srinivas said that aired on Tuesday. Srinivas has previously said the company has no plans to go public before 2028. The CEO's comments come after Claude developer Anthropic confidentially filed for an initial public offering last week. These listings, along with SpaceX this week, are going to be among the biggest in history and a test of investors' appetite for these mega-IPOs.