Nvidia in Talks to Invest in Perplexity at $30 Billion-Plus Valuation as Revenue Tops $750 Million
Nvidia is reportedly discussing an investment in Perplexity that would value the AI search and agent startup above $30 billion as its annualized revenue exceeds $750 million.
Why it matters: The financing would show Nvidia continuing to invest across the AI stack while establishing a new valuation benchmark for independent AI-agent businesses.
Nvidia is reportedly discussing an equity investment in Perplexity as part of a financing round that would value the AI search and agent startup at more than $30 billion. Reuters, citing The Information, reported that Perplexity's annualized revenue has climbed above $750 million from less than $250 million at the beginning of 2026. The talks have not been finalized, and Reuters said it could not independently verify the report. The potential transaction would extend Nvidia's influence beyond chips and data centers into AI applications and agent software that consume large amounts of compute.