Monday, June 9, 2025

Perplexity Labs can draft 98-99% of an IPO prospectus: CEO Aravind Srinivas

Speaking at a Cisco event, Solomon said drafting the pre-IPO papers for a company used to take a six-person team and two weeks to create, but AI can do this in mere minutes, he said, and with 95% accuracy. He said, as quoted by a report by Financial Times, the last 5% "now matters because the rest is now a commodity".

from Tech-Economic Times https://ift.tt/KCjFAcw

No comments:

Post a Comment

Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...