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Nvidia Discusses Equity Investment in Perplexity at $30 Billion-Plus Valuation

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Nvidia Discusses Equity Investment in Perplexity at $30 Billion-Plus Valuation

Nvidia is in discussions to invest in Perplexity's equity round at a valuation exceeding $30 billion, per ET Tech. This marks a strategic shift: chip makers are no longer content to be vendors—they're backing AI application layers to lock in long-term demand and influence product roadmap.

Source: ET Tech ↗

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🎧 This story is in the 24 August 2026 episode — Arjun & Meera

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