Nvidia Is in Talks to Back Perplexity AI at a $30 Billion Valuation – Startup Fortune

Nvidia is in talks to invest in Perplexity AI at a valuation above $30 billion, according to The Information, a jump of more than 50% from the search startup’s roughly $20 billion valuation set just two months ago. The talks fit Nvidia’s pattern of taking equity stakes across the AI stack, from OpenAI to Anthropic to xAI, while locking in future chip demand.