Nvidia Leads Perplexity Round at $30B Valuation in Pivot from Hiring Deal
ivan_bezdomny · x · 2026-08-27
Discussions between Nvidia and Perplexity have shifted from a potential multibillion-dollar license-and-hire deal to a traditional equity investment led by the chipmaker. This new round would value the AI search startup at over $30B, marking a more than 50% increase from its previous financing.
Revenue has surged significantly, growing from less than $250M at the start of the year to over $750M. The partnership is expected to include broader tech licensing, signaling Nvidia's strategic push deeper into AI software beyond hardware infrastructure.
More from Venture
- HuggingFace Had No Other Bids at $13B; Nvidia Didn't Even Negotiate Down — RyanMcC35236715 · 2026-08-27
- Analyze Nvidia Strategy: Buybacks vs. Heavy HBM Investment — toptickcrypto · 2026-08-27
- Startups may measure runway in tokens by 2027 — MillionInt · 2026-08-27
- SoftBank reportedly negotiating control of 1X Technologies at $6B valuation — rohanpaul_ai · 2026-08-27
- Compound VC Thesis: AI Protein Design to Disrupt R&D Reagents Market — anshulkundaje · 2026-08-27
- Hugging Face CEO Clement Delangue Becomes a Billionaire — Scobleizer · 2026-08-27