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NVIDIA to Invest in Perplexity at $30B-Plus Valuation

After reports that NVIDIA was in talks to back Perplexity at a $30B-plus valuation, NVIDIA confirmed another investment in the AI search firm, doubling down on agent infrastructure.

2026-08-24 ~ 2026-08-24 · 2 episodes · 8 posts

Episode 1 · Nvidia in Talks to Invest in Perplexity at $30B-Plus Valuation (2026-08-24, 6 posts)

According to The Information, Nvidia is in talks to invest in AI search company Perplexity in a multi-billion-dollar round that would value the startup at over $30 billion. That would mark a 50% premium over Perplexity's previous $20 billion valuation, set less than a year ago, reflecting rapid revenue growth: annualized revenue climbed from under $250 million to more than $750 million this year, roughly tripling in 8 months, helped in part by the newly launched Computer Use feature. The deal is not yet finalized, but it has become one of the most closely watched potential transactions in AI.

Confirmed

  • The source is a report by The Information, relayed by multiple accounts: Nvidia is in discussions to invest in Perplexity in a multi-billion-dollar round at a valuation expected to exceed $30 billion
  • Perplexity's annualized revenue grew from under $250 million to more than $750 million this year
  • Perplexity's previous round valued the company at $20 billion

Not Yet Confirmed

  • The deal itself remains at the discussion stage, with the investment amount and final valuation not settled
  • @ns123abc's claim that Perplexity is currently one of the fastest-growing companies in AI is the author's opinion

Why It Matters

  • @heyshrutimishra notes this illustrates Nvidia's closed-loop strategy of "infrastructure providers becoming shareholders in their customers": Perplexity has committed to using Nvidia's new Vera CPU and other products, and the investment further ties supply and demand together
  • If completed, the deal would deepen Nvidia's presence in the AI application layer and validate the pace of commercialization in the AI search space

Episode 2 · Nvidia Invests Again in Perplexity, Betting on Agentic Infrastructure (2026-08-24, 2 posts)

Nvidia has invested again in AI search engine Perplexity, signaling its strategic bet on agentic infrastructure. Reports say Nvidia once considered spending billions to license Perplexity's technology and hire part of its team, as the startup's revenue grows rapidly.