Nvidia Discusses Perplexity Investment at Over $30 Billion Valuation

August 24, 2026
NVIDIA is in talks to invest in Perplexity AI in a funding round that would value the startup at more than $30 billion. The round would raise Perplexity's valuation by more than 50 percent from its prior financing.
Nvidia Discusses Perplexity Investment at Over $30 Billion Valuation

NVIDIA is in talks to invest in Perplexity AI as part of an equity funding round that would value the startup at more than $30 billion, Reuters reports, citing The Information.

The round would increase Perplexity's valuation by more than 50 percent from its previous financing a year ago. Perplexity was valued at $20 billion in a financing finalized last September.

Perplexity's annualized revenue has risen to more than $750 million from less than $250 million at the start of the year. Part of that growth came from Perplexity Computer, a cloud based AI agent used by professionals to automate computer based tasks.

Perplexity declined to comment on the report. NVIDIA did not immediately respond to a request for comment.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)

More from: Enterprise

08/24
Alibaba Launches $10.2 Billion Share Placement for AI Spending
08/21
JCET Group Net Profit Rises 79.4 Percent in First Half of 2026
08/21
Natuvion and NTT DATA Study Finds 76 Percent AI Use in IT Transformations
08/21
TransformativeMed and Red Rover Health Partner on Agentic AI for Oracle Health EHR
08/21
NVIDIA Invests in Cloverleaf Infrastructure for US AI Data Centers

More from: Funding

08/24
XPENG Robotics Raises Over $900 Million for Humanoid Robots
08/24
Alibaba Launches $10.2 Billion Share Placement for AI Spending
08/21
Apollo Atomics Raises $31 Million for Factory Made Nuclear Reactors
08/21
Twin1 Raises $20 Million for Employee Digital Twins
08/21
Unitree Robotics Shares Jump in Shanghai Market Debut

Subscribe to Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Whitepaper

AI and the Law: Discussion Paper

This discussion paper explores the intersection of artificial intelligence and legal frameworks, addressing potential legal challenges posed by AI's autonomy, adaptiveness, and opacity. It examines issues such as liability gaps, causation, and the potential for granting AI systems legal personality, aiming to foster further discussion on AI's impact on law reform.

Read more

You May Also Like