Nvidia is reportedly discussing a potential investment in AI startup Perplexity that would value the company at more than $30 billion, according to reports citing The Information. The discussions center on whether Nvidia would participate in a new funding round that would involve equity, though some outlets also note alternative structures were considered.
Several outlets say the round would increase Perplexity’s valuation by more than 50% compared with its prior financing from about a year earlier, implying a valuation jump relative to earlier rounds. One report also says Nvidia previously considered other ways to work with Perplexity, including a technology licensing arrangement and hiring some of its staff, before talks shifted toward an equity investment. Other coverage highlights Perplexity’s revenue growth, including an annualised recurring revenue figure that has reportedly risen to above $750 million.
Across sources, the key uncertainty remains the same: Nvidia and Perplexity have not publicly confirmed the discussions, timing, or any final deal terms.
