Perplexity spent August 2025 attempting to purchase Google’s Chrome browser with an unsolicited $34.5 billion provide, a bid value roughly double the corporate itself on the time. A 12 months on, Aravind Srinivas’ AI search startup is on the opposite aspect of the desk. Nvidia is in discussions to put money into Perplexity at a valuation of greater than $30 billion, The Data reported, citing folks with information of the talks.That will be a leap of over 50 % from the roughly $20 billion Perplexity carried after its final reported spherical. The spherical is described as value billions of {dollars}, although neither Nvidia’s stake nor the opposite contributors have been named. The Data additionally reported that the 2 sides weighed a know-how licensing association alongside the fairness cheque, which might be the extra uncommon half of the deal.
Perplexity’s income has tripled this 12 months, and an AI agent is doing plenty of the lifting
Annualised income has climbed previous $750 million from below $250 million in the beginning of 2026, in keeping with The Data. A very good chunk of that progress comes from Perplexity Laptop, a cloud-based AI agent professionals use to automate desk work. The corporate handles greater than 400 million search queries a month and has been pushing Comet, its personal browser, as the house for what Srinivas calls agentic shopping.None of those figures are audited. Perplexity has not revealed its books, and the run-rate numbers circulating come from investor briefings fairly than the corporate, which makes any a number of hooked up to $30 billion a matter of belief.
Nvidia retains writing cheques to the businesses that spend the cash on Nvidia chips
Nvidia is already on Perplexity’s cap desk alongside Jeff Bezos and SoftBank, and the 2 have a provide relationship too. Perplexity was among the many first names Nvidia introduced for its Vera CPU, with enterprise infrastructure VP Nate Kupp saying the chip ran agentic coding duties about 1.5 occasions quicker than what the corporate had been utilizing.Nvidia’s fairness commitments crossed $40 billion in 2026 alone, nearly all of it going to corporations that flip round and purchase its silicon. When it disclosed round $750 billion in AI-related commitments, its credit score default swaps widened to file ranges.Perplexity signed a $750 million Azure take care of Microsoft earlier this 12 months and informed CNBC in June it plans to record in 2028 no matter occurs to Anthropic and OpenAI. Nvidia studies leads to November. Whether or not a Perplexity stake seems within the funding line by then is the primary actual take a look at of the reporting.
