Perplexity's CEO says he's not interested in a Big Tech acquisition
Briefly

Perplexity's CEO Aravind Srinivas stated the intention to remain independent and not pursue acquisition by Big Tech. The company is targeting a valuation of $14 billion in its next funding round. Srinivas described recent trends in "acquihire" deals where tech giants hire talents from startups but allow them to remain operational. He emphasized Perplexity's desire to provide an alternative to Google's dominance in various tech sectors, asserting the necessity of challenging such monopolies to create competition.
Aravind Srinivas emphasized, "We plan to remain independent," highlighting his ambition to keep Perplexity as a competitor to tech giants like Google and Meta.
Srinivas stated, "Our goal is actually to give an alternative to the world to Google... all the workspace integrations they have done," expressing his intention to challenge Google's monopoly.
Read at Business Insider
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