Nvidia Negotiates Investment in Perplexity at $30 Billion Valuation

Nvidia is in talks to invest in AI startup Perplexity as part of a new funding round that could value the company at over $30 billion. Perplexity's annualized revenue has grown from under $250 million to over $750 million this year. Nvidia has previously invested in the company, and CEO Jensen Huang has cited Perplexity as his preferred chatbot.