CEO Aravind Srinivas reaffirms 2028 IPO target, citing business strategy amid Anthropic and OpenAI listing plans.
Perplexity AI will proceed with its 2028 IPO timeline regardless of competitor actions, CEO Aravind Srinivas said. The company maintains the target as a strategic move to sustain growth, dismissing concerns about financial runway raised in 2025.
Anthropic and OpenAI have accelerated their IPO plans, with Anthropic filing a confidential prospectus. Srinivas acknowledged potential ripple effects if rival listings falter but expressed confidence in their success, citing strong business performance.
Chief Business Officer Dmitry Shevelenko emphasized the 2028 timeline as a deliberate choice, allowing Perplexity to build a high-growth business without near-term public market pressures.