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NVIDIA plans to invest in Perplexity at over $30 billion valuation: Report

short by Mansi Agarwal / on Monday, 24 August, 2026
NVIDIA is in talks to invest in Perplexity in a funding round that could value the AI startup at over $30 billion, The Information reported. The round would raise Perplexity's valuation by more than 50% from its previous financing. The Aravind Srinivas-led startup, which has annualised revenue of over $750 million, plans to go public in 2028.
read more at Reuters