Nvidia in talks to invest in Perplexity at $30 billion-plus valuation

Nvidia is negotiating an investment in Perplexity at a valuation above $30 billion, more than 50 percent higher than its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment money tends to flow back as revenue when portfolio companies buy its chips.

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