Summer 2026
Advanced answer engine delivering source-backed replies
No salary listed
London, UK
In Person
Perplexity AI provides an answer engine that delivers precise, reliable responses to user questions by using up-to-date sources. It serves individuals who want quick answers and businesses that need detailed information, drawing on current data and source links to back its results. The product works by retrieving information from reputable sources, compiling concise answers, and presenting citations to ensure trustworthiness. It differentiates itself from competitors by prioritizing current, source-backed information and offering access that spans personal and enterprise use, potentially supported by subscriptions, advertising, and partnerships. The company's goal is to be a dependable tool for immediate, accurate information across a wide range of queries.
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$1.9B
Headquarters
San Francisco, California
Founded
2022
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Perplexity launches 'Brain' self-improving memory system for AI agents. Perplexity has introduced Brain, a new self-improving memory system designed to make its Computer agents more accurate, efficient and context-aware over time. The feature, launched on June 18, 2026, is rolling out in Research Preview to Max and Enterprise Max subscribers. Brain builds what Perplexity describes as a "context graph" of the work performed by Computer, tracking what the agent did, what succeeded or failed, and what corrections were applied by the user. At set intervals, such as overnight, Brain reviews this graph and teaches itself how to perform similar work better, so the agent starts each new task from a more informed position. Unlike traditional AI memory systems that focus on user profiles and preferences, Brain is explicitly oriented around "work memory." The system is designed to help agents improve at the job itself rather than primarily deepening personalization or engagement with the user. Perplexity says this allows Computer to reach answers faster, access more reliable sources, and avoid unproductive paths that waste time and tokens. At the core of Brain is a continuously updated context layer that functions like an LLM-powered wiki of the user's world. This wiki captures ideas, people, projects and other elements from prior sessions, connector results, changes in source documents and user corrections, and is automatically loaded into the agent sandbox for future tasks. Perplexity positions this as a "living context graph" that gives agents stronger signals on what to do, where to look and how to deliver outputs. Early measurements cited by the company indicate that Brain increases answer correctness by 25 percent on tasks Computer has seen before, while recall improves by 16 percent. The same internal results suggest that Brain cuts the cost of tasks requiring historical context by 13 percent, with performance improving further as users work with the system over longer periods. Perplexity emphasizes a recursive feedback loop in which agents become more effective at updating context as they learn which projects, connectors and artifacts lead to the best results. By remembering mistakes and dead-end sources, Brain is intended to reduce the number of interaction turns and model calls needed to complete a task, turning current token usage into what the company describes as an investment in more efficient usage later. The company also frames Brain as a step toward more proactive AI systems that can learn continuously from user work. Perplexity argues that, as agents internalize more of an organization's workflows and information, they will be better positioned to identify opportunities or flag problems without explicit prompts. This initial version of Brain is described as "just the beginning," with Perplexity planning to announce additional capabilities in future updates.
Reddit CEO: llms built on Reddit data. Reddit CEO Steve Huffman has said that large language models "would not exist as we know them" without Reddit's vast pool of user-generated content, describing the platform's data as a form of "modern oil" for artificial intelligence development. His comments were made during an interview at Fast Company's Most Innovative Companies Summit, where he spoke at length about Reddit's growing importance in the AI ecosystem. Reddit positioned as a core AI data source. Huffman emphasised that Reddit is one of the largest and most influential sources of training data used by AI systems today. He also claimed that Reddit is among the most frequently cited platforms across major language models, reinforcing its role in shaping how these systems respond to user prompts. He explained that the conversational nature of Reddit makes it especially valuable for AI training, saying that models rely heavily on human discussions that span almost every topic imaginable. In his view, this type of natural dialogue is what allows AI systems to generate more human-like responses. He stated: "LLMs would not exist as we know them without Reddit... a large portion of that consumption is actually just the human conversation on Reddit because it's natural and it covers basically every topic imaginable." Growing importance of data licensing deals. Reddit has already moved to formalise its position in the AI supply chain through licensing agreements with companies such as Google and OpenAI. Huffman referred to these as the company's earliest major partnerships in the AI space and suggested they helped establish Reddit's commercial value in training models. He indicated that Reddit is now taking a more selective approach to new agreements, as the value of its data has become clearer across the industry. Rather than broadly opening access, the platform is focusing on controlled partnerships where usage terms are clearly defined. At the same time, Reddit has become more active in protecting its data. The company has launched legal action against organisations including Anthropic and Perplexity, accusing them of scraping content without permission and violating platform terms. Huffman drew a clear distinction between partners and non-partners, explaining that companies willing to work within licensing agreements are able to access Reddit data under structured conditions, while others face legal consequences. He also reinforced Reddit's stance that commercial use of its content requires commercial terms, noting that the platform introduced paid API access in 2023 as part of this shift. Why Reddit changed its approach to data access. According to Huffman, Reddit's more restrictive data policies are a response to changes in how the AI industry operates. He suggested that the shift away from open research has made it harder for platforms like Reddit to track how their data is being used once it is accessed externally. He also said that in earlier years Reddit operated with a more open philosophy, reflecting the broader open internet culture. However, he believes that would only have been sustainable if AI development had remained open-source and transparent. A key concern, he noted, is the lack of visibility over downstream use of Reddit content. Without knowing how data is being applied, Reddit has less control over potential misuse, including targeting users or replicating content in ways that bypass the platform. This, he argued, is part of the reason Reddit now prioritises structured access agreements and legal protections over unrestricted availability. Reddit's own AI-powered tools. Despite supplying data to external AI systems, Reddit is also building its own artificial intelligence features. One of the most visible is Reddit Answers, a tool that uses language models to summarise discussions and respond to user questions. Huffman explained that the feature is designed to reflect the platform's core value of human perspective. Rather than generating standalone answers, it relies heavily on direct quotes from Reddit users and presents multiple viewpoints where appropriate. The goal, he said, is to support queries that do not have a single correct answer while still grounding responses in real community discussions. Behind the scenes, Reddit is also using AI for moderation and content classification. These systems help identify harmful or inappropriate content more efficiently than traditional manual review processes. Huffman described this as a practical improvement to platform safety, noting that AI can help reduce the burden of reviewing highly sensitive or unpleasant material. The challenge of AI-generated posts. Huffman also addressed a growing issue on the platform: users posting content written with AI tools such as ChatGPT. He made a distinction between automated bots and human users who simply rely on AI to generate text. While acknowledging that there is still a human behind the idea, he admitted that AI-generated posts often lack quality and are easily identified by the community. He suggested that rather than introducing strict enforcement policies, Reddit will continue to rely on community moderation. Users already tend to downvote AI-written content and challenge it in comment sections, effectively filtering it out organically. Huffman compared the situation to broader technological shifts, noting that society is still adjusting to how AI fits into everyday communication and writing. Balancing openness, control, and growth. Overall, Huffman's comments highlight the tension Reddit faces as both a major contributor to AI training data and a platform trying to maintain control over its content. On one hand, Reddit's discussions are clearly valuable to AI developers and have led to major licensing deals. On the other, the company is increasingly focused on protecting its intellectual property and ensuring proper commercial use. Legal action against firms accused of unauthorised scraping reflects this shift, while ongoing partnerships with companies like Google and OpenAI show Reddit's willingness to collaborate under the right conditions. Looking ahead. Huffman confirmed that Reddit continues to explore additional data partnerships, although no new deals were announced during the interview. With ongoing lawsuits and expanding AI integration across the platform, Reddit appears to be positioning itself as both a key infrastructure provider for AI training and a gatekeeper of its own content. As the AI landscape continues to evolve, Reddit's role is likely to become even more central - both as a data source and as a platform shaping how that data can be used.
Dmitry Shevelenko, chief business officer at Perplexity, discussed the company's growth and new product launch at the HSBC Global Investment Summit in Hong Kong. Shevelenko spoke about Perplexity Computer, the company's latest offering aimed at enhancing search functions through AI technology for customers. The executive provided insights exclusively to Bloomberg's "The Asia Trade" programme. Perplexity continues to expand its AI-powered search capabilities as competition intensifies in the artificial intelligence sector.
Perplexity's annual recurring revenue has reached $500 million, CEO Aravind Srinivas announced, as the AI search startup expands into autonomous agents. The company is targeting double revenue growth in 2026 whilst maintaining its small team size. The revenue surge follows the launch of Perplexity's "Computer" product, an autonomous agent designed to handle multi-step business tasks with minimal human input. The tool reportedly replaces marketing software stacks worth an estimated $225,000 annually by automating ad optimisations on Meta and Google. The shift towards business automation has attracted investor support, with Perplexity recently securing funding at a $9 billion valuation, up from $3 billion five months earlier. The company's agent-based approach employs usage-based pricing tied to tasks completed rather than traditional per-user software-as-a-service models.
Perplexity launches Plaid integration, transforming its AI 'Computer' agent into A personal finance hub. Published: April 10, 2026 at 9:27 am Updated: April 10, 2026 at 9:27 am Edited and fact-checked: April 10, 2026 at 9:27 am Perplexity rolls out Plaid integration enabling users to connect bank accounts, credit cards, and loans to its Computer agent, expanding into a full personal finance hub. Perplexity, a company developing an artificial intelligence-powered answer engine, has introduced a new integration with financial data network Plaid, expanding its platform into a broader personal finance solution. The update allows users to connect bank accounts, credit cards, and loans directly to the company's AI agent, known as Computer, effectively turning the service into a centralized financial management hub. The integration builds on an earlier feature that enabled users to link brokerage accounts. Through Plaid, which connects to thousands of financial institutions, users can now consolidate a wider range of financial data into a single interface. This includes accounts from major providers such as Robinhood, Fidelity, and JPMorgan Chase, among others. According to the company, financial use cases already represent a significant portion of activity on the platform. Perplexity stated that more than 75 percent of its users engage with financial queries on a monthly basis, with adoption spanning retail investors, institutional firms, and several large technology companies. Once accounts are connected, the AI system can analyze spending behavior, track liabilities, and calculate overall net worth across multiple accounts. Unlike traditional finance applications that rely on fixed dashboards, the platform enables users to interact through open-ended queries, generating tailored insights and tools on demand. These include budget trackers, debt repayment plans, retirement projections, and cash flow forecasts, all dynamically updated using real-time data. Unified financial data integration and expansion into ai-driven personal finance services. The company positions the integration as a way to address fragmentation in personal finance management. Many users rely on multiple applications to monitor different aspects of their finances, often requiring separate logins and interfaces. By consolidating data into a single environment, Perplexity aims to provide a more unified and flexible alternative. Plaid's infrastructure provides read-only access to financial data, and the company states that sensitive information is not stored on Perplexity's servers. The integration combines this permissioned data with external financial sources, including market data providers and regulatory filings, to support analysis. The feature is currently available to users in the United States and Canada on desktop, with plans to expand to mobile platforms and additional regions. While basic portfolio tracking is accessible to standard users, more advanced analytical capabilities powered by the Computer agent are limited to paid subscription tiers. The move signals a broader shift in Perplexity's strategy, extending beyond search and information retrieval into financial services. By combining AI-driven analysis with direct access to personal financial data, the company is positioning itself in competition with established financial management and tax software platforms. Disclaimer. In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, Mpost Media Group suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance. Alisa Davidson Hot Stories by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026 by Alisa Davidson April 10, 2026