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Google's landmark antitrust case
is front and center this week,
with big implications for the
broader search market. Our next
guest is the co-founder of AI
company perplexity, and it's
taking a lot of market share.
Joining us right now in an
exclusive interview, perplexity
is co-founder and CEO Arvind
Srinivas. Good morning to you.
It's great to see you.
>> Good morning.
>> Thank you for.
>> Having me.
>> You are taking share. It's I
think all of us at the table
have been using it. We've talked
about how Stan Druckenmiller
famously came on our air and I
think introduced it to a lot of
folks. By the way, I'm told that
when he came on, you had a
massive increase in.
>> Yeah. That day was.
>> One of our biggest daily
increases. Probably still.
>> Top 2 or 3.
>> Where.
>> Andrew, you tried to use croc
yesterday and I was waiting. It
was like waiting for Godot. It's
like thinking, thinking I want
it fast. I don't care if it's
right. I'm a journalist, but I
do want it fast.
>> You weren't a journalist.
>> No, I'm a mainstream media
journalist. Why do I need facts?
>> Let me ask you. Just what's
going on in this space right
now? Because you've you've been
continuing to upgrade and
upgrade the product in a in a
remarkable way. But there's now
a whole bunch of people doing a
lot of different things. So
you're trying to own the search
space. Google's also trying to
own the search space. You've got
grok in there, trying to do
something with sort of super
timely stuff, leveraging its
data feed off of X, and then you
have the ChatGPT and the
Anthropic's more ChatGPT trying
to be also in the search space,
but doing a lot of other stuff.
Anthropic, probably less so
right now. How does this all
play out over time in your mind?
>> So our. Recognition has.
>> Always been for.
>> Providing it.
>> Fastest, most.
>> Accurate in terms of and.
>> Also we pride ourselves.
>> On.
>> The.
>> Fact that we.
>> Can do it the most. Efficient
way.
>> If you look at people who
offer APIs for search grounded.
>> Llms, that is Llms.
>> Which.
>> Provide real time information
and.
>> Citations.
>> Along with the completions,
we're able.
>> To offer.
>> The cheapest API.
>> Right now.
>> Along with the highest
accuracy, even better than
OpenAI.
>> And Google.
>> That's thanks to our.
>> Own infrastructure.
>> Making it more efficient,
fast.
>> And stuff. So that's clear
differentiation.
>> That said, I do. Think this
market.
>> Of.
>> Just providing.
>> Answers to.
>> Questions will be a
commodity.
>> It's kind of hard to
understand. Like one year ago.
>> It.
>> Was not a commodity. Like
let's.
>> Say we.
>> Were doing a ChatGPT, we were
doing it. But now many people
are going to do the same thing.
>> So what's going to be the
thing? The layer that's going to
that's going to make each
service including your own
distinct.
>> I think.
>> Actions like.
>> What, like multi-step chain
research workflows.
>> And actions.
>> Okay, go and read all my
reports, go read the news on.
Relevant stocks.
>> Look at.
>> My portfolio now.
>> Become my wealth.
>> Manager and.
>> Tell me, like. How should.
>> I change it? As you know,
read all. The read every day
news about tariffs and inform me
like about my exposure.
>> To certain stocks.
>> That level.
>> Of analysis and. Insights
and. Actions like you need you
need that sort of an agent. And
then you also need agents that
can go do real browsing
sessions, not like one query,
but the equivalent of an.
>> Entire search session.
>> That's why we wanted we
started.
>> Working on.
>> The browser.
>> It's called comet. It's still
not out yet, but it should be
out next month.
>> Talking about browsers, I was
curious. I don't know if you saw
OpenAI saying that they would
consider buying Google's Chrome
browser. Yeah. What do you think
of that?
>> We testified.
>> One of our executives
testified yesterday the same.
>> Exact question. What we said.
>> Is, look.
>> We don't want to.
>> Buy Chrome.
>> If Google were forced to sell
it, like.
>> We don't.
>> Recommend that.
>> We told the DOJ.
>> Yeah, you said you didn't
want them to break up
effectively.
>> Yeah.
>> I'm curious why, given that
you're competing directly
against them.
>> And by the way, your
executive said it's like a gun
to your head, these Google
contracts that are out there.
What?
>> Yeah.
>> So that that.
>> I really agree.
>> With, that's.
>> A separate issue on the.
Android side as far.
>> As Chrome is concerned,
Chrome actually was.
>> Coupled with an.
>> Open source project.
>> Called chromium.
>> Since we all use the word
rapper, right? Microsoft's edge
browser.
>> Is a chromium rapper.
>> And it's a.
>> Number two browser by market.
>> Share.
>> So Google has contributed to
other browsers too.
>> In a sort of open source like
way.
>> Exactly.
>> We are building.
>> A browser called comet, and
comet is.
>> Actually being.
>> Built on.
>> Top of chromium.
>> As well. And there.
>> Are several other browsers.
>> Like brave built on top of
chromium.
>> So you cannot just.
>> Take away Chrome.
>> Without chromium.
>> Someone has to maintain it,
open source it.
>> And I don't actually. Think
historically.
>> Reputation wise, OpenAI has
been pro open source.
>> So you think if somebody else
buys it, it would be worse and
they would not allow you?
>> I would expect that because
at least.
>> Google has.
>> Established a track.
>> Record of maintaining the
open source project.
>> Even if their number one.
>> Rival, Microsoft, is building
a competitive product with them.
>> I don't think you.
>> Can say that about OpenAI.
>> But this is interesting. You
know, you're telling the
government, hey, they're
definitely monopolistic in some
of their actions, not in others,
but it's going to be evil.
>> Like like, you know, they've
done.
>> Some wrong things. They've
done some great things too.
>> You got to take. A balanced
perspective.
>> So that's why.
>> We said, look, don't.
>> Don't break.
>> The company up. It's not.
>> Even an.
>> American interest.
>> To break it up.
>> It's one of.
>> The top 3 or 4 stocks.
>> With market cap. And what we
said is.
>> Really what.
>> You want.
>> Is competition. And
consumers. Have a choice.
>> What they're doing on Android
is.
>> Like, what bad.
>> Right now.
>> We have like an.
>> Android app, an.
>> Android assistant that can
control the OS natively. And
they're not letting us like. Get
it on OEMs.
>> Even if the.
>> OEMs want it right. We're
having a partnership.
>> With Motorola, for example,
where they're going to
pre-install.
>> Our apps, but our assistant
that can call other.
>> Apps and do work.
>> For you.
>> Was clearly superior.
>> To Gemini.
>> It was written on several.
>> Blog.
>> Posts by Android Authority.
Android Central.
>> And nobody wanted to go take.
>> The brave.
>> Step of removing.
>> Gemini as the.
>> Default assistant and making.
>> Perplexity the.
>> Default assistant, because.
>> If they.
>> Do that. They're unable.
>> To.
>> Offer Play.
>> Store maps.
>> YouTube preloaded on.
>> These phones.
>> And if you cannot offer that.
Nobody can really install other.
>> Apps on the market.
>> Well.
>> If you feel that way. About
Android, how do you feel about
Apple?
>> Well, Apple's like.
>> Always been closed, so
they've.
>> At least adopted.
>> A certain framework.
>> Okay.
>> Android started.
>> Off as an open framework and
has.
>> Been moving more towards
like.
>> Apple style, right? So you
have.
>> To.
>> Have a consistent position.
And I don't think like the
default search on.
>> Apple's like.
>> Fixed, right. Like it's fixed
through Google paying for it.
>> It's not Apple's own service.
>> But we've.
>> Brought out our assistant on
Apple too. And we would love to
be.
>> Part of like Siri or Apple
Intelligence once they open it
up to more people. The hope is.
>> That both Android.
>> And i
Nikhil Kamath
