Perplexity, which wanted to buy Chrome, in talks with Nvidia for money
Perplexity, the AI search startup led by Aravind Srinivas that once made an unsolicited $34.5 billion bid for Google's Chrome browser, is now in talks with Nvidia for funding. The Information reports the round would value Perplexity above $30 billion, up more than 50 percent from its last valuation, as annualised revenue climbs past $750 million on the back of its Perplexity Computer agent.
In August 2025, Perplexity attempted to acquire Google's Chrome browser in an unsolicited $34.5 billion offer, nearly double the company's worth at the time. Now, AI search startup Perplexity finds itself on the other side of the table, as Nvidia is in discussions to invest in the company at a valuation of over $30 billion, a significant 50% increase from its last reported $20 billion valuation.
This investment is described as being worth billions of dollars, though the specific details remain undisclosed. In addition to the equity investment, there are talks of a technology licensing arrangement, an uncommon component of such deals. Perplexity's revenue has tripled this year, reaching over $750 million annually, with a substantial portion driven by Perplexity Computer, a cloud-based AI agent used for automating desk work.
The company handles more than 400 million search queries monthly and pushes Comet, its own browser, as the platform for agentic browsing. Despite the lack of audited figures, Perplexity's growth is supported by the number of search queries and its expanding user base. Nvidia, already a significant stakeholder in Perplexity alongside Jeff Bezos and SoftBank, is offering its support through a supply relationship.
The company's chips, particularly Nvidia's Vera CPU, have shown increased efficiency in handling agentic coding tasks. Nvidia's AI-related commitments have reached nearly $40 billion in 2026, with a credit default swap that has widened to record levels. Perplexity has also signed a $750 million Azure deal with Microsoft and plans to list in 2028, regardless of the future of Anthropic and OpenAI.
Whether Perplexity's investment will be reflected in Nvidia's report during Nvidia's November results remains to be seen.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
