Perplexity, the AI ​​search startup aiming to take on Google, was voted “most likely to fail” at the Cerebral Valley AI conference, signaling growing skepticism about its skyrocketing valuation and fundraising. Many founders and investors are concerned that the company’s rapid growth may not be sustainable.

Reflecting broader concerns about inflated expectations across the AI ​​sector, OpenAI came in second. Attendees cited inflated valuations and the pressure on billion-dollar AI startups to justify their high expectations.

Despite strong investor interest and bold ambitions under CEO Arvind Srinivas, it remains a concern whether Perplexity can sustain its momentum.