1 week ago
Nvidia Reportedly Weighs Perplexity Investment Above $30 Billion
Nvidia may invest more money in Perplexity AI, a company that makes AI search tools.
The possible deal could value Perplexity at more than $30 billion.
That is much higher than its earlier valuation of $20 billion.
The deal is not certain, and the amount Nvidia might invest is unknown.
Perplexity says its business is growing quickly.
Its Computer product can research, write and edit documents, update spreadsheets, and complete other tasks.
Nvidia may benefit because AI services need powerful computer chips to work.
Perplexity also plans to bring its technology to Samsung devices through the Bixby assistant.
Nvidia is reportedly discussing another investment in Perplexity AI, potentially valuing the startup above $30 billion.
The proposed valuation would exceed Perplexity’s previous $20 billion valuation by more than 50%.
Perplexity’s annualized revenue run rate has reportedly increased to about $750 million from below $250 million earlier this year.
Nvidia’s investment could strengthen its position in AI search while increasing demand for its inference hardware.
Perplexity is expanding through its Computer AI agent and a planned integration with Samsung’s Bixby assistant.
- Who
- Nvidia and Perplexity AI are involved; other reported investors include Jeff Bezos and SoftBank.
- What
- Nvidia is reportedly discussing another investment in Perplexity that could value the startup above $30 billion.
- Where
- When
- The timing is not specified; discussions are reportedly ongoing.
- Why
- Perplexity’s rapid revenue growth and expansion in AI search and agentic services may be attracting investors, while Nvidia could benefit from increased demand for AI inference hardware.
Key facts
- Potential valuation
- More than $30 billion
- Previous valuation
- $20 billion in Perplexity’s last major funding round
- Reported revenue run rate
- About $750 million, up from less than $250 million earlier in the year
- Deal status
- No guarantee the investment will be finalized
- Investment size
- Not disclosed
- Perplexity product
- Perplexity Computer performs research, document editing, spreadsheet updates, and complex workflows
- Samsung partnership
- Perplexity’s AI search technology is expected to be integrated with Samsung’s Bixby assistant
Sources
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