Perplexity targets 2028 IPO regardless of competitors

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.

-CNBC