Nvidia is reportedly in discussions to invest in AI startup Perplexity in a funding round that would value the company at more than $30 billion, according to The Information and multiple outlets repeating the report. The talks focus on a potential equity investment, though no final terms or timing are described.
Reporting also indicates the contemplated valuation would represent a major increase from Perplexity’s most recent financing about a year earlier, with some accounts saying it would be up more than 50%. One outlet further says Nvidia had considered other ways to work with Perplexity before shifting toward investment, including possible technology licensing and hiring some staff.
Outlets also place the discussions in the context of Perplexity’s fast growth and Nvidia’s broader pattern of backing companies in the AI ecosystem. Perplexity’s revenue momentum is described in one source, and Nvidia is said to be an existing investor in the company. Across coverage, however, all stress that Nvidia and Perplexity have not publicly confirmed the talks.