Jaeden Schafer

I don't think so.

I think they've created a ton of really cool products.

And just the fact that on Perplexity, you get access kind of like AI box, if I'm being honest, but you get access to all of the different AI models in one chat interface, I think gives them a great competitive advantage to something like

ChatGPT or Claude or Perplexity or Gemini, etc.

Initially, they were kind of this search engine, like I mentioned, but they've pivoted and done a lot of additional things.

So one of those is Comet.

It's an entire web browser.

They're kind of positioning themselves as a new layer between users and the internet.

A lot of executives argued during a recent press briefing that they did that competitors, including Google, have since kind of reshaped their own products in ways that resemble Perplexi's early design choices.

They say that this is kind of like, look, this validates that we're on the right track, but of course,

I think to everyone, we can see that this does give them a lot of competitive pressure.

Perplexity also said that they're adjusting their business model in response to kind of where the whole AI ecosystem is going.

One of the first AI startups that was experimenting with advertising, they actually abandoned ads late last year.

They said that the model risk kind of undermining user trust and answer accuracy.

That's interesting because ChatGPT is now about to jump into this.

And, you know, they've reported that they have 900 million weekly ChatGPT users that are all going to

I mean, a lot of the free ones are going to start getting seen kind of these ads everywhere.

So it's interesting that Perplexity already tried ads, walked away from it.

ChatGPT is about to get into that.

I think rather than go and try to chase kind of maximum scale, Perplexity has said that they're targeting a narrower audience.