Nvidia In Talks To Invest In Perplexity At $30 Billion+ Valuation: Report
Nvidia is reportedly in discussions to invest in AI search startup Perplexity as part of a funding round that would value the company at more than $30 billion. The talks come as Perplexity's annualised revenue run rate (ARR) has crossed $750 million. Nvidia weighed multiple paths before investment talks According to The Information, Nvidia had earlier considered alternative ways to work with…
Nvidia is reportedly engaged in talks to invest in AI search startup Perplexity in a deal that could value the company over $30 billion. The discussions come as Perplexity's annualized revenue run rate has surpassed $750 million. According to The Information, Nvidia explored several options before settling on a potential equity investment.
These alternatives included a technology licensing arrangement and hiring some of Perplexity's staff. The chipmaker has previously backed Perplexity, participating in earlier funding rounds alongside notable investors such as Jeff Bezos, SoftBank, Accel, and IVP. A $30 billion-plus valuation would represent a significant increase for Perplexity, which was valued at around $20 billion in a September 2025 funding round and approximately $23 billion in a Series E-6 round in January 2026.
The company's valuation has surged since 2023, when it was valued at just over $121 million, fueled by investor interest in AI-powered search and answer engines. The talks between Nvidia and Perplexity have not been publicly confirmed, and the terms of any potential investment remain undisclosed. Nvidia's involvement in the discussions aligns with its broader strategy of strategic investments across the AI ecosystem.
The company has backed startups leveraging its chips to drive demand for its hardware and gain early access to emerging AI products and platforms.
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