Nvidia Discusses Perplexity Investment at Over $30 Billion Valuation

Aug 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)
Free newsletter

Enterprise AI Brief

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

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.