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NVDA EYES PERPLEXITY STAKE AT $30B+ VALUATION
NVIDIA is discussing an investment in Perplexity as part of a multibillion-dollar funding round that would value the AI startup at more than $30B, per The Information.
The valuation would be more than 50% above Perplexity’s last financing, while its annualized revenue has surged to over $750M from less than $250M at the start of the year.
NVIDIA had previously considered paying Perplexity billions to license some of its technology and hire staff, but discussions have since shifted toward a more traditional equity investment.