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

Perplexity is developing an AI coding tool codenamed “Teammate” that can build software end-to-end. The tool has been used internally since May, suggesting progress from internal testing toward a potential product launch. While no financial metrics or external rollout details are provided, the update is modestly positive for the company’s AI product roadmap.

Analysis

Perplexity is developing an AI coding tool codenamed “Teammate” that can build software end-to-end. The tool has been used internally since May, suggesting progress from internal testing toward a potential product launch. While no financial metrics or external rollout details are provided, the update is modestly positive for the company’s AI product roadmap.