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6 minutes ago
- Yahoo
'I Don't Do Anything Other Than Working,' Says Perplexity CEO Aravind Srinivas As His $14 Billion AI Startup Challenges Tech Giants
Perplexity Chief Executive Officer Aravind Srinivas says speed and urgency are nonnegotiable as his artificial intelligence startup races tech giants. "I don't do anything other than working," Aravind Srinivas admitted in a Reddit Ask Me Anything in May, emphasizing the intense focus needed to stay ahead in the AI race. Srinivas leads a $14 billion search engine challenge to Alphabet (NASDAQ:GOOG, GOOGL)), Microsoft (NASDAQ:MSFT), and Apple (NASDAQ:AAPL). Speaking at Y Combinator's AI Startup School in mid-June, he warned that bigger firms will inevitably copy successful ideas. Investors crave speed, rivals borrow ideas, and users expect quick answers. Srinivas's strategy is clear: move faster than fear and keep building. His advice to founders is to treat urgency as a protective moat until the tech giants catch up. Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Embracing Fear As Strategy "Live with that fear. You have to embrace it," Srinivas told the students, explaining that founders must remember "your moat comes from moving fast and building your own identity." He added a broader warning: "You should assume that if you have a big hit... a model company will copy it." Perplexity shocked Silicon Valley with a $14 billion valuation after its Series C funding round in May. Bloomberg reported in June that Apple executives even discussed acquiring the startup to strengthen Safari's search abilities. Google and Microsoft responded by adding AI summaries to their search results. Srinivas simply shrugs, insisting that speed outpaces scale. Work-Life Trade-Offs Get Real Srinivas doesn't downplay the personal strain of running an AI startup. In the same Reddit AMA, he admitted to working nonstop, squeezing in audiobooks and podcasts whenever he could—even if sleep had to wait. He urges individuals to ditch doom‑scrolling on Instagram and focus on mastering AI instead, warning that adaptability and grit—not comfort—will determine who thrives as the field accelerates. Trending: $100k+ in investable assets? – no cost, no obligation. AI Gold Rush Raises Stakes OpenAI CEO Sam Altman predicted a "one-person billion-dollar company" while chatting with Reddit co-founder Alexis Ohanian last year. Meanwhile, former "Shark Tank" investor Mark Cuban went further in June, telling the 'High Performance" podcast that AI may mint the first "trillionaire... just one dude in a basement." Those forecasts intensify the spotlight on Perplexity and the broader AI field. But with that spotlight comes pressure. Perplexity's head of communications, Jesse Dwyer, told Business Insider that Big Tech companies "not only copy your features but they also try to drown your voice," highlighting the uphill communication battle startups face when competing with dominant platforms. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Can you guess how many retire with a $5,000,000 nest egg? . Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article 'I Don't Do Anything Other Than Working,' Says Perplexity CEO Aravind Srinivas As His $14 Billion AI Startup Challenges Tech Giants originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11 minutes ago
- Yahoo
This $30 Gamepad Is the First to Support a Critical Switch 2 Feature
GuliKit is now offering the Elves 2 wireless gamepad. It's an surprisingly high-end controller with an affordable $30 price tag, though it's most notable for its Switch 2 wake-from-sleep functionality, which other third-party gamepads currently lack. One of the most annoying parts of the original Nintendo Switch was its remote wake functionality. Not only was it somewhat unreliable (even with official Joy-Cons), but a lot of third-party controllers just couldn't wake up the console. So, if you used an unofficial controller, there's a good chance that you couldn't turn on the Nintendo Switch from the comfort of your couch. Instead, you may have been forced to stand up, walk over to the docked Switch, and press its power button like some sort of 20th century caveman. Nintendo revised its wake-from-sleep protocol for the Switch 2. It's more reliable than it was before, which is awesome. But the downside, unfortunately, is that existing third-party controllers like the GuliKit Elves 2 Pro do not support Nintendo's new protocol. GuliKit cracked the code to the Switch 2's new wake-up protocol last month. Now, the company is releasing its first gamepad with Switch 2 wake-from-sleep functionality—the $30 Elves 2. The Elves 2 is practically identical to the $50 Elves 2 Pro that launched last year. Both gamepads feature Hall-effect joysticks, a Sega Saturn-like "floating" D-pad, six-axis gyro, and the ability to wake a docked Nintendo Switch from sleep. But Elves 2 adds Switch 2 wake-from-sleep support, which is a feature that the older "Pro" controller still lacks (though this discrepancy could be resolved by a firmware update at some point). GuliKit cut some corners in order to get the Elves 2 down to its $30 price point, of course, but all of the downgrades are fairly minor. The Elves 2 uses a crappier haptic motor than the Elves 2 Pro, so it doesn't support HD Rumble. It also lacks macro recording functionality, and unlike the Pro model, its buttons can't be remapped. I should take a moment to clarify that these are not just Nintendo Switch controllers. The Elves 2 and Elves 2 Pro are standard Bluetooth controllers, so they work with PCs, smartphones, and Steam Decks, too. You'll need to use an adapter if you want to pair these controllers with an Xbox or PlayStation, however. You can buy the GuliKit Elves 2 controller today for $30. It's sold in red and black colorways. If you want some additional functionality, such as upgraded haptics, spring for the $50 GuliKit Elves 2 Pro. Just know that GuliKit hasn't announced a Switch 2 wake-from-sleep firmware update for the Elves 2 Pro. I don't know whether the Pro controller will actually gain this functionality. Source: Gulikit via The Verge
Yahoo
14 minutes ago
- Yahoo
Palantir Expands AI Reach With New Military and Nuclear Projects
July 31 - Palantir Technologies (NASDAQ:PLTR) continues to expand its role in artificial intelligence solutions for both government and commercial clients, building momentum ahead of its August 4, 2025 earnings release. Analysts expect positive results, with recent estimates showing multiple upward revisions. The company's Warp Speed platform gained traction during the second quarter after a new partnership with BlueForge Alliance to launch Warp Speed for Warships. This initiative, funded by the U.S. Navy's Maritime Industrial Base Program, supports faster warship production and broader fleet modernization. The program aligns with White House efforts to strengthen U.S. shipbuilding capacity against global competitors. Warning! GuruFocus has detected 6 Warning Signs with FRA:HE9. Palantir's Maven Smart Systems also received a boost as the U.S. Department of Defense increased the spending ceiling to $1.3 billion through 2029, up from $480 million in June. The system now supports more than 20,000 military personnel across operational networks. Moreover, Palantir has collaborated with Accenture Federal Services in the civilian sector to design AI-based tools to aid the federal agencies in the area of supply chain, finance, and integration of data. Individually, the company is also seeking business avenues in the nuclear sector in partnership with the Nuclear Company to implement an AI system in enhancing predictability of the construction of reactors. This article first appeared on GuruFocus. Sign in to access your portfolio
