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'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
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an hour ago
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What's going on with the Unilever share price?
The Unilever (LSE: ULVR) share price has barely budged after today's first-half results, with the stock market reacting with a familiar lack of excitement to another mixed update from the FTSE 100 giant. That feels par for the course. Unilever shares are down 5.8% over the last 12 months and 4.2% over five years. Not exactly thrilling for a business of this size and reputation. Personally, I'm relieved. I gave up on Unilever back in March and dropped the stock from my Self-Invested Personal Pension. Today's numbers haven't made me regret the move. Growth steady Unilever's headline numbers weren't awful. Underlying sales growth hit 3.4%, with a reasonable balance between price increases (1.9%) and volume gains (1.5%). That group isn't just passing costs onto shoppers but shifting more product too. Its personal care division led the way with 4.8% growth, while ice cream sales rose 5.9% ahead of November's planned demerger. Emerging market growth is expected to pick up speed in the second half, particularly in Asia. Developed markets performed better, with underlying sales up 4.3%. Gross margins climbed to a chunky 45.7%, helping fund increased brand and marketing investment. CEO Fernando Fernandez sounded bullish, with a focus on core brands and premium segments. But not everything was upbeat. Turnover fell 3.2% to €30.1bn year on year, hit by adverse currency moves and business disposals. Underlying operating profits slipped 4.8% to €5.8bn, with margins down 30 basis points to 19.3% Free cash flow halved to €1.1bn, hit by working capital demands and separation costs from the ice cream spin-off. Those aren't disasters, but they're not a reason for me to feel like I've missed out either. FTSE 100 farewell When I sold Unilever in March, I noted the shares had climbed just 10% over five years. That's a poor showing from a £109bn global consumer goods colossus. The company had seemed sprawling and unfocused, and even its plan to concentrate on 30 'Power Brands' hadn't fully convinced me. The shares have slipped since, yet the price-to-earnings ratio remains above the FTSE 100 average at 22.5. That's not unusual for the stock, and confirms its strong reputation among investors, but I'm not convinced it's justified by the growth outlook. The trailing dividend yield is 3.32%, which is fine but not standout. Analysts are more upbeat than I am. The 19 setting forecasts have produced a median share price growth forecast of 12.7% over the next year, lifting the stock from today's 4,467p to 5,038p. Forecasts aren't guarantees, of course. Better value elsewhere? Of 22 analysts, 14 rate it a Buy, five call it a Hold, and only three a Sell. I'm happy to be in the minority on this one. I have no regrets over selling Unilever, and no plans to buy. I don't think the growth outlook is strong enough or the dividend quite juicy enough to tempt me back in, given what's on offer elsewhere in the FTSE 100. That said, investors looking for a portfolio cornerstone or a little diversification might consider buying Unilever. It's a stable business, with a solid footprint in essential goods and long-term brand equity. But for my stocks and shares ISA, I'm currently chasing higher dividends or faster growth. And a bit more excitement. The post What's going on with the Unilever share price? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 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
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an hour ago
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Jinko Tiger solar panel review: best for high output in low light conditions
In this Jinko Tiger review, we take a closer look at one of the best-performing solar panels for UK homes, particularly when it comes to output in low-light conditions. The Jinko Tiger solar panel is a strong contender for anyone looking to cut their energy bills and boost their home's energy independence, especially in the UK's notoriously unpredictable weather. As solar power becomes more popular across the UK, homeowners are increasingly searching for the best solar panels that balance efficiency, cost, and durability. With so many unfamiliar brands and similar specs across the market, it's easy to feel overwhelmed. That's why this review helps you decide if the Jinko Tiger solar panel is right for your home and whether solar panels are truly worth the investment. Many panels now offer similar specifications on paper — comparable power output, 25- to 30-year lifespans, and sleek all-black designs. But with installation often representing the largest part of the overall cost of solar panels, and British weather posing its own set of challenges, the stakes for getting the right system are high. The boom in commercial solar farms has helped push the technology forward. Installation is still the biggest cost, so it pays to invest in long-lasting panels. Fortunately, costs have fallen dramatically over the past two decades, especially as China has scaled up manufacturing and innovation. But fitting panels still involves scaffolding, labor, and additional equipment to connect to your home mains, so it's wise to factor in total system cost, not just the panel price, when choosing the best solar panel installers. Why choose the Jinko Tiger? Price, installed: £1250 per kW Efficiency: 22 per cent Wattage per panel: 440W Type: N-Type Made in: China and Malaysia, US and Vietnam Degradation: 87.40 per cent after 30 years Warranty: 25 years for the product itself, 30 years for the degradation figure Founded in 2006, Jinko Solar has grown into one of the world's largest solar panel manufacturers. It's a Tier-1 producer, meaning it's been established for more than five years, is financially stable, and uses advanced, automated manufacturing techniques. The company is listed on the New York Stock Exchange, offering greater transparency than many of its competitors. It's also invested in solar infrastructure, including a 20% stake in one of the world's largest solar farms in the UAE. Jinko is a member of the Solar Module Super League, a group of seven firms responsible for around half of the world's panel production. This is a useful guide on a company's financial strength, but as a consumer rather than an investor, you may have other priorities. That's why our Jinko Tiger review highlights a few of the panel's standout features: Strong power output Long warranty Slow degradation rate For the Jinko Tiger solar panels themselves, the stats are fairly middle of the road compared to others we have reviewed, but all our featured solar panels have good warranties, power output, efficiency and useable lifespan. But while the Jinko Tiger solar panel doesn't offer the very highest wattage on the market, its balance of efficiency, degradation rate, and price make it a solid choice for UK homes. You can also take confidence in Jinko's scale and track record. If your preferred installer works exclusively with Jinko Tiger solar panels, rest assured you're still getting a dependable, cost-effective product. A bit like flat-screen TVs, intense competition in the solar panel market means prices have dropped while quality has risen. Jinko benefits from this trend, offering panels with great low-light performance, ideal for the UK's overcast climate as well as early morning and evening sunlight. The panels use N-type cells, which degrade more slowly than standard P-type cells, so they maintain output better over time. They're also resistant to salt mist, making them a good choice for coastal homes that need extra protection. The panels weigh in at 22kg, a shade lighter than most, and measure 1.76m by 1.13m. They are 3cm thick. Pros: Strong low-light performance Reliable, well-established manufacturer Solid all-round efficiency and warranty Cons: Other panels offer even higher output Degradation rate is good, but not market-leading Jinko Tiger panels deliver reliability and performance with robustness and high energy output in weak light conditions. They're a great choice for customers who want quality, affordability, and performance from one of the best solar manufacturers in the world Edward McKay at fitter Solar4Good How we compiled our guide To compile our list, we spoke to experts on the ground and have broken down the top-performing brands based on real-world value, not just technical specs. We've prioritised long-term performance, value for money, and the reputation of the best solar panel installers in the UK. And if you're wondering if solar panels are worth it for your home, this guide is designed to help you make a smart, informed decision that pays off over time, whether you're upgrading an old array or fitting solar panels for the first time. Most panels are guaranteed for 25 years and offer similar power output, size, efficiency and looks. So we've weighted our judgement towards cost and degradation, which describes how much power the cells will provide after a number of years. The higher the percentage, the better. Much of your decision will also depend on which installer you go with, as many have preferred brands they work with due to bulk purchasing. You'll also see a lot of unfamiliar Chinese names as you do your research, but many of these are Tier-1 manufacturers in clean energy with strong track records in quality and durability. Why trust us The Independent has been reporting on green energy and climate matters since it was founded in 1986. Since then, we have written hundreds of reviews and news stories on energy.
