Nvidia Eyes Perplexity Stake at 30B Valuation
Nvidia is reportedly in talks to invest in Perplexity during a funding round valuing the AI startup above 30 billion dollars. The startup has seen rapid revenue growth driven by its cloud-based AI agent products.
Insights:
Nvidia is in talks to join a funding round valuing Perplexity at over $30B, people familiar with the matter said Sunday evening. The potential deal would lift the artificial intelligence startup's valuation by more than 50% compared to its prior financing. Perplexity has scaled its annualized revenue past $750M, fueled by corporate automation tools.
