Perplexity AI, a growing player in the generative AI space, is a leader in the search and knowledge management. CEO Aravind Srinivas recently discussed the company’s latest feature, “internal knowledge search,” which promises to revolutionize how organizations handle information.

“We want Perplexity to be the central knowledge base and research platform for everybody,” Srinivas explained. This new tool addresses a critical gap in current research methodologies by combining external web searches with internal company data. As Srinivas noted: “There is no way where you can do the consolidated centralized research on the web and the internal company proprietary data together.”

The implications for industries like financial services are significant. Srinivas elaborated on the potential benefits: “You can take your internal data and decide whether you want to invest in a particular company, and you take that knowledge, and query it on the company that was talked about on the web.” This integration of diverse data sources could prove invaluable for investment decisions and due diligence processes.

Perplexity’s ambitions extend beyond just improving search functionality. Srinivas believes his company can challenge the current search and advertising duopoly of Google and Meta. He pointed to changing consumer behavior as a key factor: “They used to go to the search engines and platforms where advertisers served them, but now the consumers are shifting to new behavior apps and not just typing in a key word but getting referred to another link.”

This shift in user behavior is reflected in the nature of queries on Perplexity.

“Every query in Perplexity on average has 11 words, and on Google, it is two to three words,” Srinivas revealed. This difference suggests a more nuanced and detailed approach to information seeking, which could open up new opportunities for advertisers and content creators alike.

As Perplexity continues to innovate and expand its offerings, it’s clear that the landscape of search and knowledge management is evolving rapidly, with potentially far-reaching consequences for businesses and consumers alike.