Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Passengers said they paid extra for a window seat but got a wall instead. Now they’re in a legal battle with airlines.

Passengers said they paid extra for a window seat but got a wall instead. Now they’re in a legal battle with airlines.

July 7, 2026
See the  million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

See the $6 million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

July 7, 2026
30 Cheap Ways to Organize Your Home With Items You Already Have

30 Cheap Ways to Organize Your Home With Items You Already Have

July 7, 2026
I moved from Argentina to the US. Now I’m torn between spending time with my young kids or my aging parents.

I moved from Argentina to the US. Now I’m torn between spending time with my young kids or my aging parents.

July 7, 2026
Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

July 7, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
July 7, 2026 9:30 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code
Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code
Markets

Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

News RoomBy News RoomJuly 7, 20260 ViewsNo Comments

Perplexity could be the latest entrant to the red-hot AI coding wars.

The San Francisco-based AI search startup has built an internal AI coding tool that it may launch publicly later down the line, a person familiar with the matter said.

For now, Perplexity has codenamed the tool “Teammate,” and its engineers have been using it since May, according to screenshots obtained by Business Insider.

It’s unclear exactly if or when Perplexity, which was valued at $20 billion in a funding round last year, will launch the product. If it does, it would put Perplexity — originally focused on an AI-powered search engine that competes with Google — much closer to vying for supremacy with Cursor, Anthropic, and OpenAI, all of which have built widely-used AI coding products.

Teammate is meant to oversee software projects from start to finish, according to an internal announcement seen by Business Insider.

“It’s built for long-horizon engineering work: owning projects, investigating issues, and monitoring services,” the announcement reads.

A Perplexity spokesperson declined to comment.

Perplexity engineers have given the tool tasks such as finding bugs in internal systems, screenshots show.

The AI tool is model-agnostic, meaning that it’s not built on any particular chatbot, the person familiar with the matter said.

Perplexity’s chief technology officer, Denis Yarats, has also urged the startup’s engineers to use AI for coding.

A few weeks before Teammate launched internally, the executive wrote in messages viewed by Business Insider that by the end of the year or sooner, software engineers should “stop looking at code” and just use AI.

Yarats also defended AI against accusations that it produces “slop,” or poor-quality code.

“Slop is not going to be a thing” as long as the code it generates passes quality checks, Yarats wrote.

Have a tip? Contact Charles via email at crollet@businessinsider.com or on Signal and WhatsApp at 628-282-2811. Use a personal email address, a nonwork WiFi network, and a nonwork device; here’s our guide to sharing information securely.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

See the  million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

See the $6 million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

Here’s what Microsoft is offering laid-off employees in severance

Here’s what Microsoft is offering laid-off employees in severance

Here are the tech leaders and ultrawealthy descending on rural Idaho as billionaire summer camp begins

Here are the tech leaders and ultrawealthy descending on rural Idaho as billionaire summer camp begins

See which US presidents attended Ivy League colleges and universities

See which US presidents attended Ivy League colleges and universities

I’m an interior designer who loves HomeGoods, but there are 7 things I never buy there

I’m an interior designer who loves HomeGoods, but there are 7 things I never buy there

I tried every doughnut I could find at Krispy Kreme and ranked them from worst to best

I tried every doughnut I could find at Krispy Kreme and ranked them from worst to best

The superstars of the World Cup are out-superstarring themselves this year

The superstars of the World Cup are out-superstarring themselves this year

Toyota to invest .6B in Texas plant expansion, add 2,000 jobs

Toyota to invest $3.6B in Texas plant expansion, add 2,000 jobs

Hot job alert: OpenAI is hiring an investment banker, paying up to 5K plus equity

Hot job alert: OpenAI is hiring an investment banker, paying up to $205K plus equity

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

See the  million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

See the $6 million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

July 7, 2026
30 Cheap Ways to Organize Your Home With Items You Already Have

30 Cheap Ways to Organize Your Home With Items You Already Have

July 7, 2026
I moved from Argentina to the US. Now I’m torn between spending time with my young kids or my aging parents.

I moved from Argentina to the US. Now I’m torn between spending time with my young kids or my aging parents.

July 7, 2026
Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

July 7, 2026
Social Security Won’t Save You (These 8 Simple Moves Will)

Social Security Won’t Save You (These 8 Simple Moves Will)

July 7, 2026

Latest News

A century-old barbecue restaurant has its top-secret barbecue sauce recipe locked in a bank vault

A century-old barbecue restaurant has its top-secret barbecue sauce recipe locked in a bank vault

July 7, 2026
Here’s what Microsoft is offering laid-off employees in severance

Here’s what Microsoft is offering laid-off employees in severance

July 7, 2026
The Secret to a Prosperous, Secure Future Is All in Your Goals

The Secret to a Prosperous, Secure Future Is All in Your Goals

July 7, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.