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Nvidia discusses Perplexity investment at $30 billion-plus valuation

Nvidia is in talks ​to invest in Perplexity as part of an ‌equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with ​knowledge of the discussion. The funding round would increase ​Perplexity’s valuation by more than 50% from its ⁠previous financing a year ago, according to the ​report. Perplexity’s annualized revenue has risen to more than $750 million from ​less than $250 million at the start of the year, the report said. Part of the revenue growth has been driven by Perplexity ​Computer, a cloud-based AI agent used by professionals ​to automate computer-based tasks, the report added, citing people familiar with the ‌matter.

Full report : Nvidia is in talks to invest in Perplexity’s round that would value it at $30B+; Nvidia considered a tech licensing deal and hiring some of its staff.