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AI

Perplexity CEO Takes Stand Against Publisher Lawsuits

Rary Maharani
Last updated: November 1, 2024 1:12 am
Rary Maharani
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1 Min Read
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  • Perplexity faces publisher backlash but maintains cooperative stance
  • Company unveils new ad-sharing model to benefit content creators
  • CEO targets profitability through innovative revenue strategies

Contents
The Search ShowdownRevenue RevolutionFuture Focus

The Search Showdown

At the Wall Street Journal’s Tech Live conference, Perplexity CEO Aravind Srinivas addressed mounting tensions between his AI search engine and major news publishers.

The discussion followed recent lawsuits from Dow Jones and a cease-and-desist letter from The New York Times.

Revenue Revolution

The $8 billion-valued startup plans to launch an advertising model this month, promising to share revenue streams when publishers’ content helps answer user queries.

Srinivas emphasized that Perplexity aims to complement, not compete, stating “Nobody’s coming to Perplexity to ingest their news.”

Future Focus

Despite legal challenges, Perplexity maintains its course toward profitability through subscriptions and advertisements over the next three to five years.

The company distinguishes itself from other AI firms by focusing on search indexing rather than training large language models.

TAGGED:div5

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