24 August 2026
Nvidia considers $30 billion investment in Perplexity search startup
First reported
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- Perplexity, a search engine that uses AI to answer questions, is in talks with Nvidia at a valuation above $30 billion, up from roughly $20 billion a year ago.
- Perplexity's annualized revenue has grown to over $750 million, tripled from $250 million, partly because its AI agent product consumes more computing tokens than basic chatbots.
Reported by The Decoder