At Jefferies’ 2024 Private Internet Conference in Los Angeles, Perplexity.ai CEO Aravind Srinivas sat down with Gaurav Kiuttur, Global Co-Head of Internet Investment Banking, to discuss the shifting search landscape, Perplexity’s growth, and competition from Google and OpenAI.
The $4.5 billion alternative data market has grown 50% annually for the past four years and it shows no signs of slowing down.
This data has become an increasing source of competitive advantage, especially for the quant-focused hedge funds that together manage well over $1 trillion, representing 29% of all hedge fund assets.
Suddenly, a wave of innovative new AI products and applications are coming onto the market that are designed to make companies and investors more efficient and profitable.
Cully Davis discusses the evolving dealmaking landscape, companies’ measured re-entry into the market, and the transformative potential of new innovations in artificial intelligence.
Cameron Lester, Global Co-Head of Technology, Media, and Telecom Investment Banking, expresses bullishness on the future of the tech sector, despite recent financial tightening.