Perplexity's 2028 IPO plan holds regardless of Anthropic and OpenAI

“People want to use their own local hardware”

“If there is an open source model that gets the job done 90% of the time, I'd probably use that if it's 10 to 20 times cheaper than the frontier model. The future is still awesome for…”

“If for six months you don't see a model capability advance from one of these two companies, then it's a problem for them”

“There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”

“has emerged as a significant business with a revenue run rate in the tens of billions of dollars and is now profitable in its own right”

“We’re going to invest to continue being the leader. We can fund this plan, and I think it will forever change the size of Amazon. It will forever change our revenue.”