Perplexity Targets 2028 IPO Amid Industry Developments

Perplexity Targets 2028 IPO Amid Industry Developments

Synopsis

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.

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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.

This editorial summary reflects ET Tech and other public reporting on Perplexity Targets 2028 IPO Amid Industry Developments.

Reviewed by WTGuru editorial team.