AIBusinessCybersecurity

Reddit Accuses Perplexity of Data Theft in Elaborate Digital Trap

Reddit has filed a federal lawsuit alleging that AI company Perplexity circumvented data protection measures to scrape content despite agreements to the contrary. The social media platform set up an elaborate digital trap using content only accessible through Google, which reportedly caught Perplexity using the material within hours. The case highlights growing tensions between AI companies and content platforms over data sourcing practices.

The Digital “Marked Bill” Trap

In what reads like a digital detective story, Reddit has accused artificial intelligence startup Perplexity of systematically bypassing its data protection measures to scrape content for its AI models. According to a lawsuit filed Wednesday in Manhattan federal court, the social media giant set up an elaborate trap that allegedly caught the $20 billion AI company red-handed.

AI ImpactStartups

Perplexity CEO Uses AI for Investor Pitches Instead of Traditional Decks

Perplexity CEO Aravind Srinivas has eliminated traditional pitch decks in favor of AI-powered investor communications. The approach has proven successful in securing significant funding rounds. This method represents a shift in Silicon Valley fundraising practices.

In a bold move that challenges conventional Silicon Valley practices, Perplexity CEO Aravind Srinivas has completely abandoned traditional pitch decks in favor of AI-powered investor communications. The innovative approach has proven remarkably effective, with the AI search startup securing substantial funding rounds through memo-based pitches enhanced by artificial intelligence. This methodology represents a significant departure from standard fundraising protocols that typically involve elaborate presentations and detailed financial projections.

The No-Pitch-Deck Philosophy in Action