Nvidia in Talks to Back Jeff Bezos-Funded Perplexity at Over $30 Billion Valuation As AI Startup's Revenue Explodes to $750 Million: Report
Key takeaways
- Nvidia is eyeing a stake in Perplexity, a fast‑growing AI startup now valued over $30 billion with revenue exceeding $750 million.
- Nvidia shares fell 0.98% to $214.72
- Perplexity valuation could exceed $30 billion
- Perplexity annualized revenue >$750 million
What happened
Nvidia Corp is reportedly in talks to invest in AI startup Perplexity, which is seeking a new equity round that could value it at more than $30 billion. Perplexity’s annualized revenue has jumped to over $750 million from less than $250 million at the start of the year, driven largely by its cloud‑based AI agent, Perplexity Computer. The company has already secured backing from high‑profile investors such as Jeff Bezos, Amazon, SoftBank, and a $750 million deal with Microsoft’s Azure cloud.
Why it matters
The potential Nvidia stake would signal a major endorsement of Perplexity’s technology and growth trajectory, potentially accelerating its path to a 2028 IPO. A valuation north of $30 billion underscores the rapid monetization of AI agents and could shift competitive dynamics among AI search and autonomous‑agent…
Short-term and longer-term
Short-term. Short‑term traders should watch Nvidia’s share price for any volatility around the announcement and monitor Perplexity’s funding round progress.
Longer-term. Longer‑term investors should consider how Nvidia’s potential stake could accelerate Perplexity’s path to a 2028 IPO and enhance Nvidia’s AI ecosystem.