According to The Information, sources familiar with the matter said NVIDIA (NVDA.O) is in talks to invest in AI startup Perplexity as part of a new equity financing round, which would value the company at over $30 billion. The upcoming round is expected to raise billions of dollars, representing more than a 50% increase in valuation compared to Perplexity’s previous funding round a year ago. The sources added that Perplexity’s annualized revenue has risen from under $250 million at the beginning of the year to over $750 million, partly driven by its AI agent, Perplexity Computer. NVIDIA has previously invested in Perplexity multiple times, and Jensen Huang has stated in interviews that he frequently uses Perplexity as his preferred chatbot. Perplexity has raised over $1.7 billion in total funding from NVIDIA and other investors, including New Enterprise Associates, Accel, and SoftBank. (Jinshi)
NVIDIA in Talks to Invest in Perplexity, Valuation May Exceed $30 Billion
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Summary
NVIDIA (NVDA.O) is in discussions to invest in AI startup Perplexity as part of a new equity financing round, which could value the company at over $30 billion. The round is expected to raise billions of dollars, representing a valuation increase of more than 50% compared to a year ago. Perplexity’s annualized revenue has grown from under $250 million to over $750 million, partly fueled by its AI agent, Perplexity Computer. NVIDIA has previously invested in Perplexity, and CEO Jensen Huang frequently uses the AI chatbot. The company has raised over $1.7 billion from investors including NVIDIA, Accel, and SoftBank. This AI and crypto news underscores rising interest in AI-driven platforms and the potential for new token listings in the space.
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