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Nvidia Discusses Perplexity Investment at $30 Billion-Plus Valuation

Nvidia is negotiating an investment in Perplexity at a valuation above $30 billion, more than 50 percent higher than its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment money tends to flow back as revenue when

Lead: The InformationBigness: 32nvidiadiscussesperplexityinvestmentbillion-plus
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Nvidia Discusses Perplexity Investment at $30 Billion-Plus Valuation  The Information

Nvidia is negotiating an investment in Perplexity at a valuation above $30 billion, more than 50 percent higher than its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment money tends to flow back as revenue when