Nvidia is reportedly considering another investment in Perplexity, a deal that could push the artificial intelligence startup's valuation above $30 billion as its revenue surges and competition intensifies across the AI search market.
The chipmaker is in discussions to participate in a new equity funding round for Perplexity, according to The Information, which cited people familiar with the talks. The potential financing would represent a jump of more than 50% from the $20 billion valuation Perplexity finalized about a year ago.