Perplexity's Aravind Srinivas Holds the Line on a 2028 IPO Even as OpenAI and Anthropic Race to List

GuruFocus·low signal

On June 8, Srinivas reiterated that Perplexity's IPO timeline remains 2028 and won't be pulled forward just because OpenAI (confidential S-1) and Anthropic (draft S-1 submitted June 1) are nearing public listings. The stance positions Perplexity as deliberately countercyclical amid an AI IPO rush, betting that staying private longer lets it keep reshaping search around agentic, generated retrieval rather than chasing peers to the public markets. For market-watchers, it's a notable refusal to be swept up in the 2026 listing wave.