Nvidia in talks to back Perplexity at $30B+ valuation

Research Monetization

TL;DR: Nvidia is reportedly investing in Perplexity at a $30B+ valuation, deepening ties between the chip giant and AI search.

Summary: The Information reported Sunday that Nvidia is in talks to invest in Perplexity as part of a funding round valuing the AI startup at more than $30 billion, citing people with knowledge of the matter. The deal would mark a major bet on an AI search company, giving Nvidia equity in one of the most prominent consumer AI applications.

Why it matters: AI infrastructure players are moving into the application layer, potentially shaping compute access and partnerships for startups. Watch for official confirmation and any strategic shift in Perplexity's model sourcing or enterprise offerings.

Source: openbb