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Nvidia Corp is reportedly in discussions to invest in Perplexity as the fast-growing AI startup seeks funding at a valuation exceeding $30 billion.
Nvidia Eyes Stake in Perplexity at $30 Billion Valuation
Nvidia is considering participating in Perplexity’s latest equity financing round, which could value the company at more than $30 billion, Reuters reported
In September last year, Perplexity had reportedly finalized a $20 billion valuation.
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Nvidia and Perplexity did not immediately respond to Benzinga’s request for comment.
Perplexity Revenue Surges as AI Agent Gains Traction
Perplexity’s annualized revenue has climbed above $750 million, up from less than $250 million at the beginning of the year, according to the report.
The growth has been partly attributed to Perplexity Computer, a cloud-based AI agent designed to automate computer-based tasks for professional users.
The sharp revenue increase is helping fuel investor interest as demand for AI-powered search and autonomous agents accelerates.
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Bezos, SoftBank Among Perplexity’s Backers
Perplexity has attracted prominent investors, including Amazon.com, Inc. founder Jeff Bezos and Japan’sSoftBank Group.
Earlier this year, the company reportedly signed a $750 million agreement with Microsoft Corp to use its Azurecloud infrastructure.
In a June interview with CNBC, Perplexity CEO Aravind Srinivas said the company plans to pursue an initial public offering in 2028, regardless of how the planned listings of OpenAIand Anthropic perform.
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