By BigGo Finance
Publication Date: 2026-08-24 18:25:00
Nvidia is in discussions to participate in a new funding round for AI search startup Perplexity that could value the company at more than $30 billion, according to people familiar with the matter. The round would represent a jump of more than 50% from Perplexity’s previous financing roughly a year ago, when the company settled on a valuation of approximately $20 billion.
The talks, first reported by The Information and relayed by Reuters, remain preliminary, and terms such as the size of Nvidia’s potential stake have not been disclosed. Neither company has confirmed the discussions. Perplexity declined to comment, and Nvidia did not immediately respond to requests for comment.
Perplexity’s rapid revenue acceleration is a central factor driving the elevated valuation. Its annualized revenue has climbed to more than $750 million from under $250 million at the start of the year, a more than threefold increase in less than twelve months. A meaningful portion of that growth has come from Perplexity Computer, a cloud-based AI agent designed to automate computer-based tasks for professional users, as the company expands beyond its original AI search product into agentic AI.
The potential investment would deepen an already substantial relationship between the two companies. Perplexity said in July that it plans to deploy Nvidia’s Vera CPUs for agentic AI workloads, and it has previously agreed to use Nvidia chips through CoreWeave. Nvidia CEO Jensen Huang has said he personally…
