NVIDIA Reportedly Eyeing Investment in Perplexity at $30 Billion Valuation
According to a report by The Information, NVIDIA is currently discussing an investment in the AI company Perplexity. This potential funding deal could push the startup's valuation past the $30 billion mark, representing a jump of more than 50% compared to its last round of financing. Led by CEO Aravind Srinivas, the company currently generates over $750 million in annualised revenue and is targeting an initial public offering in 2028.
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