PERPLEXITY AI COMPANY
AI shopping agents could threaten Amazon and Walmart's ad business
Retail powerhouses Walmart and Amazon are also the world's two largest retail media businesses, dominating the estimated $74.4 billion in US retail media spending with a combined 88% share of that market, according to projections from data firm Emarketer. But digital assistants could soon disrupt that business.
Reddit posts search traffic declines, will push visitor sign-ins to curb data scraping
Reddit CEO Steve Huffman outlined a plan on Thursday to make signing-in mandatory for most content as the company grapples with data scraping and declining search referral traffic in recent months.
Perplexity’s AI got some answers wrong, but it helped Aravind Srinivas find his first users
Perplexity’s early growth came from an unexpected way, people searching for their own social media profiles and sharing the AI’s sometimes amusing answers online. Aravind Srinivas explains how the experiment attracted attention and helped shape the startup’s shift from Twitter search to a broader AI-powered answer engine.
Aravind Srinivas looked up to Google CEO Sundar Pichai before building Perplexity AI; how an unexpected detail stayed with him
Aravind Srinivas co-founded Perplexity AI in 2022 with Andy Konwinski, Denis Yarats and Johnny Ho. They initially experimented with tools that allowed users to search Twitter data through natural-language questions. They later shifted towards general web search. Perplexity was launched in 2022 and its search engine used AI to generate direct answers with citations and links to sources.
Hyundai Motor India Q2 Results: Standalone profit falls 24% YoY to Rs 1,189 crore, but revenue rises 18%
Hyundai Motors India has reported a standalone net profit of Rs 1,189 crore for Q2 FY27, reflecting a notable decrease of 24% compared to Rs 1,570 crore during the same period last year. However, their operational revenue has grown to Rs 20,191 crore, representing an 18% increase from Rs 17,061 crore in the corresponding quarter of the previous fiscal year. This performance illustrates the company's resilience amidst shifting market conditions.
Before Perplexity, Aravind Srinivas built a Twitter search tool that changed his startup's direction
Aravind Srinivas and his co-founders experimented with a Twitter search tool before focusing on Perplexity's web search product. An unexpected response to a feature that summarised social media profiles helped shape their next move, eventually leading to a broader mission centred on knowledge and curiosity.
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Pepper crosses $11 million ARR as SEO and GEO pivot pays off, eyes $30 million in 12 months
The eight-year-old content platform says it is already profitable and expects roughly ₹20 crore EBITDA this financial year, with the US driving most of its growth
Nvidia wins fast-growing AI startup Modal for new central processors
Modal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia's new Vera central processor for the first time for hosting agents, the AI systems that can carry out long-running tasks for human users. Modal until now has run such work only on Intel and AMD chips.
Reddit-Perplexity AI clash: What to know about high-profile data scrapping case
Reddit-Perplexity AI clash: The case is part of a wave of copyright cases targeting AI companies over their alleged use of protected content for AI training.
Growth hinges on local reforms, not protectionism: Indermit Gill
India holds a unique opportunity to enhance its economic growth but must address internal challenges effectively. Rapid reform and the efficient use of resources are key to achieving this growth. The country needs to adopt artificial intelligence to improve productivity across various sectors. Expanding trade and eliminating barriers will be essential for attracting foreign investment. Policymakers must focus on enhancing domestic conditions to fully realize India's economic potential.
Anthropic's Dario Amodei: AI's most visible CEO and enigma
The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech leader -- though the 43-year-old remains an enigma. "I think he is one of the great legends in tech and business," says Alex Karp, CEO of data-analytics specialist Palantir.
Former Elevation Capital partner Mayank Khanduja joins Silicon Valley VC Bessemer in India
Khanduja, who left Elevation Capital in January, will focus on early-stage investments at Bessemer, working with founders from their first institutional funding round, the firm said.
Beyond the SIM: Inside Jio and Airtel’s high-stakes AI pivot
Jio and Airtel are taking their rivalry beyond connectivity as both invest heavily in AI-ready data centres, cloud platforms, enterprise tools and consumer services. Their expanding ambitions reveal how India’s telecom giants are positioning themselves for the next phase of AI adoption, where infrastructure, subscriptions and digital services increasingly converge.
How telecom giants are turning India’s mobile networks into AI distribution channels
Telecom companies like Reliance Jio and Bharti Airtel are integrating AI tools into mobile plans for user accessibility. Users can access advanced digital tools without high subscription costs, increasing the likelihood of long-term customer retention. Specifically, Reliance Jio offers a collaboration with Google while Airtel partners with Adobe for premium services. This innovative approach has led to significant growth in AI tool usage among Indian consumers.
Anthropic, OpenAI sound AI doomsday warning, Nvidia may have an answer. Here's explainer
AI safety debate has divided the industry, with the heads of Anthropic and OpenAI championing a coordinated slowdown of Artificial Intelligence development to let safety efforts catch up. However, Nvidia may have a plan.
Perplexity AI sued by startup for allegedly stealing 'wake word' technology
The heavily redacted complaint, filed on Thursday, said that Perplexity stole DaVoice's secrets after the companies collaborated on unspecified technology "built with DaVoice's proprietary source code, inference logic, network architecture, training approaches, training data, and know-how."
AI Is Changing How Customers Choose Your Business
As AI increasingly mediates how customers research, evaluate, and choose suppliers, competitive advantage is shifting from direct customer understanding to managing AI-shaped interactions. Drawing on the experiences of three small-to-medium sized businesses they worked with, the authors show how firms can adapt. A manufacturer improved sales efficiency by screening AI-generated inquiries before investing engineering time in quotations. A boutique hotel learned to monitor how AI tools described its business and revised public content to improve accuracy and differentiation. A B2B software company replaced periodic customer reviews with continuous monitoring of customer feedback and AI-generated market perceptions. Across all three cases, the lesson is that firms must treat AI as a new intermediary in the customer relationship. Winning companies will not necessarily spend the most on technology; they will build systems for continuously listening, interpreting signals, and adapting strategy in markets where both customers and the information they rely on are increasingly AI-mediated.
SoftBank's growing bets on AI and semiconductor assets
Founder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the semiconductor supply chain, data centres, large language model development and robotics.
Bessemer raises $5.75 billion in new funds, expands growth efforts
The San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companies raising large rounds at high valuations, according to firm partner Byron Deeter. The remaining $1.75 billion will go towards younger startups raising capital at the inception phase or soon after, Deeter said.
Meta's Muse overtakes Claude, Grok in post-launch download race: Report
In the 13-day post-launch window, Muse has roughly 2.5 million downloads, way ahead of 400,000 for Anthropic's Claude and 200,000 for xAI's Grok. However, Meta's agent trails ChatGPT, which logged 3.1 million downloads in that time, according to the report. But Muse briefly held the number spot on Apple’s US free app chart, ahead of ChatGPT.
Amazon blocks Meta’s Muse AI agent from its retail site
Meta’s Muse, which was introduced earlier this month, is designed to help people carry out such common online tasks as shopping and booking appointments. Amazon prohibits other companies from deploying automated tools to shop its site and started blocking Muse on Sunday night, a spokesperson said. Shoppers using Muse see a series of pop-ups saying its use violates Amazon’s terms of use.
Perplexity CEO announces rollout of hybrid compute feature for Mac application
Artificial intelligence firm Perplexity introduced hybrid compute for all users of its Mac application, enabling tasks to be divided between cloud infrastructure and local devices to protect sensitive records.
Amazon loses US court ban on Perplexity's AI shopping tools
In a novel legal dispute, the San Francisco-based 9th U.S. Circuit Court of Appeals determined that Amazon was unlikely to succeed on its claim that Perplexity's AI agents violated a federal computer-hacking law.
Perplexity CEO Aravind Srinivas says revenue hit $500 million after Computer pivot
Perplexity AI has announced a fivefold revenue increase, reaching $500 million while limiting headcount growth to 34%. This significant revenue surge, coupled with a recent agentic pivot to Perplexity Computer, highlights the company's focus on AI-driven productivity gains. The platform now orchestrates 19 specialized AI models, underscoring its multi-model approach.
ETtech Explainer: The New York Times' copyright battle against Perplexity AI
The New York Times has sued Perplexity AI, claiming the startup used millions of its articles without permission to train chatbots. The newspaper alleges copyright violations, reputational harm, and unauthorised commercial use, despite prior warnings. This dispute is part of a wider conflict between publishers and AI firms over content rights.
Comet browser can help companies to hire less, says Perplexity CEO
Perplexity's Comet browser, designed as an autonomous personal assistant to boost productivity, was made free for all users. The company also launched Comet Plus, a new $5 monthly news subscription featuring content from major publishers who will be compensated from a $42.5 million revenue pool for user engagement.
PayPal, Venmo users to gain early access to Perplexity's Comet AI browser
The Nvidia-backed startup provides artificial intelligence search tools that deliver information summaries to users, looking to take on OpenAI and Google in the AI-powered search industry.
Airtel-Perplexity deal gives the AI giant an entry into India market
This marks Perplexity's first partnership with an Indian telecom company, giving the former access to Airtel's 360 million users to spread its international footprint. Pro offers features like access to models like GPT 4.1 and Claude, deep research and analysis tools and image generation.
Perplexity AI in talks to integrate assistant into Samsung, Motorola phones
Perplexity AI is pushing to expand its presence on smartphones, securing a deal with Motorola to preload its assistant and in early talks with Samsung for deeper integration. Backed by Samsung’s investment arm, Perplexity aims to boost brand visibility and challenge AI leaders like Google and OpenAI, targeting an $18 billion valuation.
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