Perplexity AI processed 780 million queries in May 2025, representing a 20% month-over-month growth rate. CEO Aravind Srinivas announced at the Bloomberg Tech Summit on June 5, 2025, that at this growth rate, the company could reach one billion queries per week within a year, which would amount to 52 billion searches annually. This marks remarkable progress, as the company registered only 3,000 queries on its first day of operation in 2022, compared to the current 30 million daily queries.
The AI search engine currently lags far behind Google's market share, which maintains approximately 90% global dominance. According to Search Engine Land data, Google achieves in four days the 52 million queries that Perplexity processes in a month, and serves 98 billion searches weekly. Srinivas criticised Google's AI search products, saying they are stuck in a "rebranding loop" – running as Search Generative Experience in 2023, AI Overview in 2024, and AI Mode in 2025 – while the features never reach users. The CEO claimed that Google cannot afford to completely replace traditional search with an AI-based solution because its advertising revenue depends on it.
Perplexity will soon launch its new browser called Comet, which the CEO described as a "cognitive operating system." According to Srinivas, while an AI-powered answer is essentially 4-5 searches in one, AI performing an action could complete an entire browsing session with a single prompt. Comet aims to challenge Google Chrome by integrating navigation, information acquisition, and activities. Perplexity's investors include significant players like Nvidia and Amazon founder Jeff Bezos, and according to TechCrunch, the company is close to closing a funding round that would value it at $14 billion, up from the December 2024 valuation of $9 billion.
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Perplexity AI's monthly queries have surged to 780 million, reflecting a 20% month-over-month growth, positioning it as a significant player in the AI-driven search landscape.