NVIDIA IN TALKS TO INVEST IN PERPLEXITY AT OVER $30B VALUATION

Nvidia is reportedly in discussions to invest in AI startup Perplexity in a funding round that would value the company at more than $30 billion. This represents a valuation increase of over 50% from its previous financing round a year ago. Perplexity's annualized revenue has reportedly grown to over $750 million, up from less than $250 million at the start of the year.