Perplexity's revenue tripled in eight months. Nvidia is now talking about buying a piece of it at $30 billion.
The Information reported on Sunday 23 August, citing people with knowledge of the discussions, that Nvidia is in talks to take equity in Perplexity as part of a funding round that would value the AI search company at more than $30 billion. Perplexity was valued at roughly $20 billion in a round finalised in September 2025 and about $23 billion in a Series E-6 that closed in January 2026, so the new figure would be a jump of more than 50 percent in a year. The number underneath the valuation is the more interesting one: annualised revenue has risen from under $250 million at the start of 2026 to more than $750 million now, growth the reporting attributes in large part to Perplexity Computer, a cloud-hosted agent that professionals point at routine computer work. Nvidia is already a backer, alongside Jeff Bezos, SoftBank, Accel and IVP, and according to The Information it first weighed other arrangements — a technology licence, or hiring some of Perplexity's staff — before the conversation moved to a direct equity cheque. Perplexity declined to comment; Nvidia did not respond to Reuters. Chief executive Aravind Srinivas said in June that the company intends to list in 2028.
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