Perplexity

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The San Francisco–based Perplexity is building a generative AI chat-based search engine that could rival Google search and Microsoft’s Bing. It was founded in 2022 by Aravind Srinivas, Denis Yarats, Johnny Ho, and Andy Konwinski, who have experience in AI and machine-learning-based roles at tech companies. The company reported having 10 million monthly visits and 2 million unique visitors in February alone. It has benefited from its user-friendly interface, which is more like a chat screen. But Perplexity also scored highly in an independent evaluation of its citation accuracy and the usefulness of its summarized responses conducted by Stanford University researchers, beating out rivals, includingBing Chat and You.com, on some metrics. The company launched its platform on Apple’s iOS in March and within six days had hit over 100,000 downloads. What sets Perplexity apart, Srinivas has said, is its ability to balance between ranking search results and using large language models to produce summarized, capsule answers that cites its sources and that also allows users to ask follow-up questions. The company plans to monetize its business by offering paid features. It faces lots of competition in the high-demand AI search space, but Perplexity has set itself apart by catching the attention of AI veterans like Turing Award winner Yann LeCun and Google AI research head Jeff Dean. It has raised over $28 million so far and is in talks with Instacart and Klarna about integrating conversational search into their platforms.

Get insights into Perplexity including business profile, stock information, news, and rankings from Fortune.

Perplexity Company Profile, Stock Price, News, Rankings

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Companies

Perplexity | Fortune

Perplexity Company Profile, Stock Price, News, Rankings | Fortune

Amanda Gerut

Boiler room raised $74 million selling retirees SpaceX, Anduril, Anthropic, and Perplexity while reaping ‘massive hidden fees,’ SEC claims

/2026/08/15/boiler-room-retirees-fraud-spacex-anduril-anthropic-perplexity/

Emma Burleigh

‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’ holding you back

/2026/06/17/perplexity-ceo-aravind-srinivas-fear-of-failure-stupidest-thing-have-nothing-to-lose/

Andrew Nusca

Why Amazon bought Globalstar for $11.6 billion

/2026/04/15/why-amazon-bought-globalstar-for-11-6-billion/

Sasha Rogelberg

Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’

/2026/03/24/perplexity-ceo-ai-layoffs-not-bad-people-hate-jobs-entrepreneurship/

Sharon Goldman

After months of quiet, Perplexity’s CEO steps into the OpenClaw moment

/2026/02/26/perplexity-ceo-aravind-srinivas-computer-openclaw-ai-agent/

Marco Quiroz-Gutierrez

In the workforce, AI is having the opposite effect it was supposed to, UC Berkeley researchers warn

https://fortune.com/2026/02/10/ai-future-of-work-white-collar-employees-technology-productivity-burnout-research-uc-berkeley/?itm_source=parsely-api

https://fortune.com/2026/08/15/boiler-room-retirees-fraud-spacex-anduril-anthropic-perplexity/?itm_source=parsely-api

https://fortune.com/2026/06/17/perplexity-ceo-aravind-srinivas-fear-of-failure-stupidest-thing-have-nothing-to-lose/?itm_source=parsely-api

Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: 'That sort of glorious future is what we should look forward to'

https://fortune.com/2026/03/24/perplexity-ceo-ai-layoffs-not-bad-people-hate-jobs-entrepreneurship/?itm_source=parsely-api

Eva Roytburg

Perplexity’s 31-year-old CEO horrified after seeing a student using his free AI browser to cheat: ‘Absolutely don’t do this’

https://fortune.com/2025/10/10/ai-cheating-on-homework-chatbots-students-education-perplexity-ceo-coursera/?itm_source=parsely-api