Nvidia (NVDA) Stock: Talks to Invest in Perplexity at Over $30B Valuation
TLDR
- Nvidia is in talks to invest in AI startup Perplexity at a valuation of over $30 billion
- The new round would value Perplexity more than 50% higher than its previous fundraise about a year ago, which valued it at around $20 billion
- Perplexity’s annualized revenue has surged to over $750M, up from under $250M at the start of the year
- Revenue growth is partly driven by Perplexity Computer, a cloud-based AI agent for automating professional tasks
- Nvidia is already an investor in Perplexity, and the startup also counts Jeff Bezos and SoftBank (SFTBY) among its backers
Nvidia (NVDA) is in talks to lead or participate in a new funding round for AI startup Perplexity that would value the company at more than $30 billion, according to a report from The Information published Sunday.
The discussions involve a round potentially worth several billion dollars. No deal has been confirmed, with talks still ongoing.
If the round closes at the reported valuation, it would mark an increase of more than 50% from Perplexity’s last fundraise roughly a year ago, which valued the company at around $20 billion.
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
