Nvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports

The Information reported that Nvidia is discussing an investment in Perplexity at a valuation above $30 billion. The report does not establish that a transaction has been signed, and it provides no details on Nvidia’s potential investment size, structure, or timing.

The named companies are Nvidia and Perplexity, an AI search company; the connection would be a strategic investment linking Nvidia’s AI-chip business with an application-layer model and search platform. Nvidia’s reported fiscal-year revenue was $215.9B, up 65.5% YoY, with 71.1% gross margins and 55.6% net margins.

The next concrete markers are confirmation or denial from either company, the valuation and financing terms, and any commercial agreement accompanying the investment. The report also leaves open whether the discussions advance beyond preliminary talks.