# Perplexity AI secures Nvidia backing at $30B+ valuation

> AI search startup Perplexity is set to secure an investment from Nvidia at a valuation above $30 billion, with the deal reported to run to several billion dollars. That marks a roughly 50 percent jump from the around $20 billion the company was worth in its previous round about a year ago, and it tightens the bond between Perplexity and its most important chip supplier. Revenue is driving the leap. Perplexity's annualized revenue has climbed from under $250 million at the start of 2026 to more than $750 million, roughly tripling in eight months as its AI-powered search gains traction against traditional engines. Nvidia's backing, following earlier participation from investors including Jeff Bezos, signals conviction that compute-heavy AI search is a durable business. For Nvidia, the check is another move to plant itself across the AI value chain, not just selling the chips but holding equity in the companies buying them. For Perplexity, it is validation and fuel, though a valuation growing faster than even its rapid revenue will keep pressure on it to justify the number.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: Yahoo Finance · Published Tuesday, August 25, 2026_

## Wortins' read

AI search startup Perplexity is set to secure an investment from Nvidia at a valuation above $30 billion, with the deal reported to run to several billion dollars. That marks a roughly 50 percent jump from the around $20 billion the company was worth in its previous round about a year ago, and it tightens the bond between Perplexity and its most important chip supplier. Revenue is driving the leap. Perplexity's annualized revenue has climbed from under $250 million at the start of 2026 to more than $750 million, roughly tripling in eight months as its AI-powered search gains traction against traditional engines. Nvidia's backing, following earlier participation from investors including Jeff Bezos, signals conviction that compute-heavy AI search is a durable business. For Nvidia, the check is another move to plant itself across the AI value chain, not just selling the chips but holding equity in the companies buying them. For Perplexity, it is validation and fuel, though a valuation growing faster than even its rapid revenue will keep pressure on it to justify the number.

## Source

[Read the full story at Yahoo Finance](https://finance.yahoo.com/technology/ai/articles/nvidia-discusses-perplexity-investment-30-031804276.html)

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