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Discussions between Nvidia and Perplexity have shifted toward a traditional equity investment after the chipmaker previously considered paying billions to license the startup's technology and hire its staff. This multibillion dollar funding round would value Perplexity at over $30B and likely involve a broader tech licensing partnership to expand the technical integration between the two companies.
The potential stake represents a move by Nvidia to push deeper into AI software beyond providing chips and hardware infrastructure. The valuation marks a more than 50% increase from Perplexity's last financing round, coinciding with a revenue surge to over $750M from less than $250M at the start of the year.
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Key sources
- SOURCE@jessicalessin“Wild but yet not so wild scoop from @theinformation team this evening”x.com
- SOURCE@amir“lead a multibillion dollar funding round in Perplexity after previously considering a large license-and-hire deal akin to Poolside”x.com
- SUPPORT@_pheebini“Unclear what exactly changed”x.com
- SUPPORT@firstsquawk“explore a broader tech licensing partnership”x.com
- SUPPORT@stockmktnewz“valuation would be more than 50% above Perplexity’s last financing”x.com