By Reuters
Publication Date: 2026-08-24 04:14:00
Perplexity’s annualized revenue has risen to more than $750 million from less than $250 million at the start of the year.
| Photo Credit:
Dado Ruvic
Nvidia is in talks to invest in
Perplexity as part of an equity funding round that would value
the AI startup at more than $30 billion, The Information
reported on Sunday, citing people with knowledge of the
discussion.
The funding round would increase Perplexity’s valuation by
more than 50 per cent from its previous financing a year ago, according
to the report.
Perplexity’s annualized revenue has risen to more than $750
million from less than $250 million at the start of the year,
the report said. Part of the revenue growth has been driven by
Perplexity Computer, a cloud-based AI agent used by
professionals to automate computer-based tasks, the report
added, citing people familiar with the matter.
Perplexity declined to comment on the Information report,
while Nvidia did not immediately respond to a request for
comment.
The Information reported in September last year that
Perplexity had finalized a $20 billion valuation.
Earlier this year, Perplexity signed a $750 million
agreement with Microsoft to use its Azure cloud
service, according to a Bloomberg News report.
Perplexity is planning to go public in 2028 regardless of
how the market receives the listings of Anthropic and OpenAI,
CEO Aravind…