[NVIDIA in Talks to Invest in Perplexity, Valuation to Exceed $30 Billion]
According to The Information, NVIDIA (NVDA.O) is in discussions to invest in AI startup Perplexity. This round of financing will push Perplexity's valuation to over $30 billion. Perplexity's annualized revenue has grown from less than $250 million at the beginning of the year to over $750 million. Perplexity has raised more than $1.7 billion in total funding from NVIDIA, New Enterprise Associates, Accel, SoftBank, and other investors. (Jin10)