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NvidiaPerplexityFundingSearchNvidia in Talks to Invest in Perplexity at Over $30 Billion Valuation
August 24, 20263 min read
Nvidia is discussing an equity investment in Perplexity as part of a round that would value the AI search startup at more than $30 billion, according to people familiar with the talks. Perplexity’s annualized revenue has reportedly passed $750 million.
Why it matters
The potential deal would deepen Nvidia’s reach into the AI application layer and further validate Perplexity as one of the fastest-scaling consumer AI companies.
Nvidia is in discussions to invest in Perplexity as part of an equity round that would value the AI search company at more than $30 billion, according to people familiar with the matter. Perplexity’s annualized revenue has reportedly climbed past $750 million, up from under $250 million at the start of 2026.
The potential investment continues Nvidia’s pattern of taking strategic stakes in companies that drive demand for its hardware while also giving it exposure to high-growth AI applications. For Perplexity, a Nvidia-backed round at this valuation would mark a significant step up and reinforce its position among the leading AI-native consumer products.
Talks remain ongoing and there is no guarantee a deal will be completed on the terms discussed.