By Mike Wheatley
Publication Date: 2026-08-24 23:40:00
Nvidia Corp. is reportedly considering making another investment in the artificial intelligence search startup Perplexity AI Inc.
A report by The Information today says the chipmaker is holding talks with Perplexity about an investment that could push the startup’s valuation to more than $30 billion. That would represent a jump of more than 50% from the $20 billion valuation Perplexity finalized about a year ago, when it last raised money.
The size of Nvidia’s potential investment was not disclosed, and there’s no guarantee that any deal would be reached, The Information said, citing anonymous sources who are familiar with the discussions. Neither Nvidia nor Perplexity would comment on the reported discussions.
Perplexity is an attractive target for investors for its business has continued to grow at a rapid rate. According to The Information, the startup has grown its annualized revenue run rate to an impressive $750 million, up from less than $250 million at the start of the year. If true, that would mean it has managed to triple its revenue run rate in just eight months.
One of the main reasons for that impressive growth is Perplexity Computer, a cloud-based AI agent that was first released in April for Mac computers and later expanded to Windows devices. Perplexity Computer is designed to automate computer tasks for professional users. It acts as a general-purpose digital worker that can access authorized files and applications on a user’s computer. Users can…
