By www.ETCIO.com
Publication Date: 2026-08-25 07:30:00
Nvidia is reportedly in talks to invest in AI search startup Perplexity as part of a funding round that could value the company at more than $30 billion, according to reports.
The discussions come as Nvidia prepares to announce its fiscal second-quarter results on August 26, with the chipmaker continuing to expand its presence across the AI ecosystem.
According to The Information, cited by TheStreet, Nvidia is discussing an equity investment in Perplexity, although Reuters said it could not independently verify the details.
Perplexity was valued at around $20 billion following a funding round completed last year. A valuation above $30 billion would represent an increase of more than 50% in roughly a year.
Nvidia has previously invested in Perplexity, with its involvement dating back to 2023. The two companies have also expanded their technology relationship. In July, Perplexity said it would run its AI agent workloads on Nvidia’s Vera CPUs.
The Information reported that Nvidia had earlier considered licensing an arrangement with Perplexity or hiring some of its employees before discussions shifted towards a potential equity investment.
The potential deal would further link Nvidia’s position in AI computing infrastructure with the growing market for AI applications and agents. Perplexity has been expanding its AI search and agent capabilities as demand for generative AI…
