# Perplexity Develops 'Teammate' AI Coding Assistant > Source: > Published: 2026-07-07 23:43:47+00:00 Business Insider reported on **July 7, 2026** that **Perplexity** has built an internal AI coding tool codenamed **Teammate**, which company engineers have reportedly used since May. According to the report, Teammate is designed for long-horizon engineering work such as owning projects, investigating issues, and monitoring services, and it is described as model-agnostic. For practitioners, the important detail is the architecture implied by a search-native company moving into coding agents: useful systems need durable project context, auditable repository access, and clear handoffs between suggestions and accepted code. The report says Perplexity declined to comment, so launch timing, pricing, model backends, and security controls remain unconfirmed despite the company's reported **$20 billion** valuation context.