Nvidia in Talks to Back Perplexity at $30 Billion Valuation
Nvidia is in talks to invest in Perplexity at a valuation above $30 billion, a 50% jump from a year ago, as the AI search startup’s revenue triples on its new agent product.
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Nvidia is in talks to invest in Perplexity at a valuation above $30 billion, a 50% jump from a year ago, as the AI search startup’s revenue triples on its new agent product.
Perplexity AI is an AI answer engine and search company focused on cited answers, web retrieval, research workflows, and agentic AI tools.
CNN filed a lawsuit against Perplexity, accusing the AI search startup of unlawfully using copyrighted news content to power its products.
Perplexity says it will not reintroduce advertising into its AI answers, distancing itself from rivals that are experimenting with ads to offset rising costs.
AI search startup Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after a $100 million round – signaling its rapid rise as a major rival to Google.