Artificial intelligence startup Perplexity intends to pursue an initial public offering in 2028 regardless of how investors respond to the planned stock market debuts of rival AI companies, according to comments made by CEO Aravind Srinivas, Reuters says.
Speaking to CNBC, Srinivas said the company’s timeline remains unchanged despite growing attention around potential IPOs from major players in the AI sector.
“We were planning for something in 2028, and that still remains the case,” he said.
AI Industry Watches Upcoming IPO Wave
The remarks come as OpenAI confidentially filed for a U.S. initial public offering, following a similar move by Anthropic. Meanwhile, SpaceX is also preparing for a highly anticipated market debut.
Srinivas acknowledged that the success or failure of these listings could influence investor sentiment toward the broader AI sector.
He noted that the SpaceX IPO could serve as an important indicator of market appetite ahead of potential listings from Anthropic and OpenAI.
At the same time, he expressed confidence that the upcoming offerings are likely to perform well, citing the strong business performance of the companies involved.
Focus on Long-Term Growth
Perplexity executives say the company has deliberately maintained a longer-term approach to public markets.
According to Chief Business Officer Dmitry Shevelenko, keeping 2028 as the earliest possible IPO date has allowed the company to focus on building a high-growth and financially healthy business.
The company has repeatedly pushed back against speculation regarding its financial position. In 2025, Srinivas stated that Perplexity was not facing funding challenges and had no intention of seeking a public listing before 2028.
As competition intensifies across the artificial intelligence industry, Perplexity appears committed to prioritizing expansion and operational growth before entering public markets.
Photo: cnet.com
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