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$20 billion Perplexity is making a big bet on ditching ads

Summary by Business Insider
Perplexity CEO and cofounder Aravind Srinivas.Craig T Fruchtman/Getty ImagesPerplexity is the latest AI startup to move away from ads, while OpenAI goes all-in.Instead, Perplexity says it's doubling down on its paying users, such as businesses and CEOs.Perplexity says it will take monetization more seriously than it did in the past.Perplexity is going full steam ahead with subscriptions and business sales and plans to focus more on monetization …

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Business Insider broke the news in United States on Wednesday, February 18, 2026.
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