Perplexity ranks first among ‘most likely to fail’ startups at major San Francisco AI summit

In a striking moment that cut through the hype of the AI boom, Perplexity, the search startup positioning itself as Google’s next big challenger, was ranked the No. 1 startup “most likely to fail” at a major San Francisco tech summit, according to Business Insider. The informal poll, held at the Cerebral Valley AI Conference and attended by more than 300 founders and investors, revealed a growing scepticism around the company’s blistering valuation and relentless fundraising streak.

A brutal verdict for Perplexity’s growing ambitions