Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with knowledge of the \u200cdiscussion. <\/p>\n
The funding \u2060round \u2060would increase Perplexity’s valuation by more than 50% from its \u200bprevious financing a year ago, according to the report. <\/p>\n
Perplexity’s annualized \u200brevenue has risen to more than $750 million from less than $250 million at the start of the \u200byear, the report said. Part \u2060of the \u200crevenue growth has been driven by \u200bPerplexity Computer, \u200ba cloud-based AI agent used by \u2060professionals to automate computer-based tasks, the report \u200badded, citing people familiar with the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, The Information reported on Sunday, citing people with knowledge of the \u200cdiscussion. The funding \u2060round \u2060would increase Perplexity’s valuation by more than 50% from its \u200bprevious financing a year ago, according to the report. Perplexity’s annualized \u200brevenue has risen to more than $750 million from less than $250 million at the start of the \u200byear, the report said. Part \u2060of the \u200crevenue growth has been driven by \u200bPerplexity Computer, \u200ba cloud-based AI agent used […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1030941","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030941"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030941\/revisions"}],"predecessor-version":[{"id":1030970,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030941\/revisions\/1030970"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}