MoneyThe story, in brief
Nvidia in talks to invest in Perplexity at $30 billion-plus valuation
$30B+. Nvidia is negotiating its largest AI portfolio investment yet — and Perplexity's $750M annualized revenue shows the search-challenger math is working.
The KeyNews take
Why it matters
A major venture round signals both Perplexity's trajectory as a viable search alternative and Nvidia's strategic bet on AI infrastructure consumption — much of the capital cycles back as chip orders.
The key facts
5 to knowNvidia negotiating investment in Perplexity
Perplexity valuation: $30B+
Valuation increase: 50%+ above previous round
Perplexity annualized revenue: $750M (tripled)
Nvidia investment strategy: capital flows back as chip revenue from portfolio companies
Go to the source
The Decoderthe-decoder.com
Publisher excerpt: Nvidia is negotiating an investment in Perplexity at a valuation above $30 billion, more than 50 percent higher than its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment money tends to flow back as revenue…