Nvidia Corp. is considering investing in AI startup Perplexity as part of an equity round that would value the company at more than $30 billion, the Information reported citing sources.
The financing would boost Perplexity's valuation by over 50%, compared to its last funding round a year-ago as it would be worth billions of dollars, according to the report.
The AI startup's annualised revenue climbed above $750 million from less than $250 million at the start of the year, supported partly by its Perplexity Computer AI agent
The Jensen Huang-led semiconductor giany previously mulled paying Perplexity billions of dollars to license some technology and hire staff, the report added.
Perplexity has raised more than $1.7 billion from investors including Nvidia, New Enterprise Associates, Accel and SoftBank previously. Nvidia has invested in the Aravind Srinivas founded companny before as well.
(This story will be updated shortly)
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