By PYMNTS
Publication Date: 2026-06-09 10:56:00
Perplexity’s CEO says the artificial intelligence (AI) startup plans to go public in 2028.
And that will happen no matter how investors react to the initial public offerings (IPOs) from rivals Anthropic and OpenAI, Aravind Srinivas told CNBC in a Tuesday (June 9) interview.
“Agnostic of these two companies, we were planning for something in 2028 so that still remains the case,” he said.
The report notes that Srinivas has previously said Perplexity had no plans to list before 2028, meaning these new comments indicate a firmer schedule.
The interview came soon after OpenAI filed confidentially for an IPO. Anthropic did the same last week. As covered here last week, the IPOs from OpenAI, Anthropic and Elon Musk’s SpaceX would represent three of the largest stock market listings in history.
“I certainly think there will be ripple effects if they don’t go well, like there is no sugar coating on that. The SpaceX IPO this week will definitely be a leading indicator to how Anthropic or OpenAI will go out,” Srinivas said. “I think it’s important for the AI industry that these IPOs go well, and I actually think they will go well, because they’re doing well.”
Advertisement: Scroll to Continue
The report points out that Anthropic’s and OpenAI’s valuations are facing scrutiny from investors. OpenAI was valued at $852 billion in March, while Anthropic’s valuation is approaching $1 trillion.
Srinivas said that both startups deserve their steep valuations…