2028
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Perplexity Eyes 2028 IPO Amidst AI Listing Race
Perplexity AI plans to go public in 2028, unaffected by the market reception of rival AI IPOs from Anthropic and OpenAI. CEO Aravind Srinivas confirmed the company’s unwavering timeline, emphasizing a focus on pragmatic AI adoption and cost-effectiveness over “mindless spending.” While acknowledging potential market ripple effects from other AI giants’ listings, Perplexity remains optimistic about the industry’s future and its own strategic path.
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.Hotel101 Global Announces Joint Venture and Signed Agreements to Develop Hotel101 in Milan, Italy
.Hotel101 Global has signed a joint‑venture to develop Hotel101‑Milan on a 1.4‑hectare site in San Donato Milanese, about a seven‑minute drive from Linate Airport. The 4‑star condotel will contain roughly 429 rooms, targeting completion in 2028. It is projected to generate €85.8 million in sales revenue, assuming €200,000 per unit, and will feature energy‑efficient designs. The project remains contingent on standard national, regional and municipal approvals.