Nvidia is in discussions to invest in Perplexity as part of an equity round that would value the AI startup at over $30 billion, according to sources familiar with the matter. The round is expected to be worth billions of dollars, boosting Perplexity's valuation by more than 50% from its last financing a year ago. The proposed deal comes amid stronger business ties between the two companies, with Perplexity's annualized revenue climbing to over $750 million from less than $250 million at the start of the year. This growth is partly attributed to Perplexity Computer, an AI agent used by professionals to automate computer tasks.
Related Articles
Don't miss out on breaking stories and in-depth articles.