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THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR

PERPLEXITY'S CEO HAS AN AMBITIOUS PLAN TO TAKE ON GOOGLE

Perplexity AI is ramping up its rivalry with Google on multiple fronts. It has expanded its research options for businesses, created tools to look up financial data, expanded a partnership with SoftBank for its sales team to resell Perplexity's premium products, and made a long-shot bid to merge with TikTok. Perplexity's CEO, Aravind Srinivas, envisions a world where Perplexity serves as a central hub for more sophisticated and affordable AI tools that can generally act as a personal assistant for users. This article contains an interview with Srinivas where he discusses how he's growing Perplexity's enterprise business, why he's bullish on DeepSeek, and the thinking behind his TikTok bid.

APPLE LOSES $1B A YEAR ON PRESTIGIOUS, MINIMALLY VIEWED APPLE TV+

The Apple TV+ streaming service is losing more than $1 billion annually. The service's subscriber count reached around 45 million in 2024. Apple TV+ typically spends over $5 billion annually on content, but it cut its budget by about $500 million last year. It is reportedly the only part of Apple's services business that is not turning a profit. While its library boasts prestige, its viewership is scant, hindering its ability to make money.

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