Nvidia Ponders Perplexity Investment Amid $30 Billion Valuation Surge

Nvidia is considering investing in Perplexity, an AI startup valued at over $30 billion. The new funding round would more than double the company's valuation from a year ago.

According to The Information, Nvidia and Perplexity have been strengthening their ties, with the report citing unnamed sources.

Perplexity's annualized revenue has risen to over $750 million, partly due to its AI agent used by professionals to automate computer tasks. Nvidia had previously considered a multibillion-dollar licensing deal with Perplexity as part of its plan to develop its own AI models and software.