Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas emphasized that the ability to generate economic value from AI will determine the leaders in the AI sector. The company is focusing on agentic AI, which can perform complex tasks, and has announced that its Perplexity Computer will be available on Microsoft's Windows. As competition intensifies with major players like OpenAI and Anthropic, Perplexity's valuation of $20 billion lags behind its rivals.
- ▪Perplexity CEO Aravind Srinivas stated that economic value will dictate the winners in the AI race.
- ▪The company is enhancing its focus on agentic AI, which can handle complex tasks.
- ▪Perplexity Computer will be available on Microsoft's Windows, allowing integration with various applications.
Opening excerpt (first ~120 words) tap to expand
The companies that can provide the most economic value from the power their AI uses will ultimately command the highest valuations, Perplexity CEO Aravind Srinivas told CNBC on Wednesday.Perplexity is stepping up its focus on agentic AI, a term that refers to AI systems capable of handling more complex tasks beyond simple queries. In February, the company announced Perplexity Computer, an agent it says can execute complex tasks over long periods of time.On Wednesday, Perplexity said that Computer will be available on Microsoft's Windows operating system, enabling the AI to connect to apps like Word and Outlook, as well as files on a user's device. Perplexity faces increasing competition as rivals like OpenAI, Anthropic and Google have ramped up their focus on AI agents.
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