Absolutely not, 1 bit isn't even real yet. perplexity does a ton of precaching, TL;Dr every novel query is an opportunity to cache: each web page response, the response turned into embeddings, and the LLM response. That's also why I hate it, it's just a rushed version of RAG with roughly the same privacy guarantees any incumbent would have given you in last 15 years (read: none, and gleefully will exploit yours while saying "whoops!")