Nvidia in talks to invest in Perplexity at $30B+ valuation

The Decoder · rss · 2026-08-24

Nvidia is negotiating an investment in AI search engine Perplexity at a valuation exceeding $30 billion, marking a more than 50% increase over its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment capital often returns as revenue when portfolio companies purchase its chips.

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