Nvidia is in discussions with Perplexity AI about a licensing agreement that could value the AI-powered search startup at over $30 billion. This valuation would represent roughly a 57x jump from the approximately $520 million valuation during the Series B round in January 2024. Nvidia previously participated in that Series B round, which raised $73.6 million, and provided technical resources through the NVIDIA Inception program. Perplexity’s valuation reached between $20 billion and $23 billion by early 2026, up from $520 million 18 months earlier. The structure under discussion notably involves a licensing agreement with funding rather than a straightforward equity investment, with no public confirmation of a completed deal from either party.
Source: Read the original article
