Monday, August 24, 2026HotTea verified storyVerified 12:18 AM PDT
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Nvidia was reported in another AI app funding round.

Reuters, citing The Information, reported on August 23 that Nvidia is discussing an investment in Perplexity. The round would value the startup at more than $30 billion. The report said Perplexity's annualized revenue had risen above $750 million from less than $250 million at the start of the year. Perplexity Computer drove part of that rise.

Verified 12:18 AM PDT · 2 original sources

The evidence

What the reporting establishes

What happened

Reuters, citing The Information, reported on August 23 that Nvidia is discussing an investment in Perplexity. The round would value the startup at more than $30 billion. The report said Perplexity's annualized revenue had risen above $750 million from less than $250 million at the start of the year. Perplexity Computer drove part of that rise.

Pressure point

This is a reported discussion, not a closed financing. Reuters said it could not immediately verify the report. Nvidia and Perplexity did not confirm it.

What to watch

Watch whether the round closes. Watch whether Nvidia gets commercial terms beyond equity. Watch whether Perplexity can prove that paid agent workflows support the reported valuation.

Audit the story

Original sources

Company claims remain company claims. Follow the reporting and judge the evidence directly.

  1. Reuters via WHTCNvidia discusses Perplexity investment at $30 billion-plus valuation, The Information reports
  2. The InformationNvidia Discusses Perplexity Investment at $30 Billion-Plus Valuation

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