Dmitry ShevelenkoAravind SrinivasJeff BezosMicrosoft CorporationNvidia CorporationOpenAIPerplexity AIAnthropicMicrosoft Corp.xAISoftBank Group Corp.Amazon.com, Inc.

Nvidia in talks to back Jeff Bezos-funded Perplexity at over $30 billion valuation; AI startup's revenue explodes to $750 million

Nvidia is in discussions to invest in AI startup Perplexity, which is backed by Jeff Bezos, potentially valuing the company at over $30 billion. Perplexity's revenue has surged to $750 million, driven by its innovative AI solutions and a significant partnership with Microsoft.

Yahoo Finance Yahoo Finance+1 source26 August 2026 · 02:14 UTC
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Nvidia is reportedly in talks to back Perplexity, an AI startup funded by Jeff Bezos, with a potential valuation exceeding $30 billion. This investment would mark a significant increase from Perplexity's previous $20 billion valuation established in September 2022.126

Perplexity's annualized revenue has skyrocketed to $750 million, a remarkable rise from under $250 million at the start of the year. This growth is largely attributed to Perplexity Computer, a cloud-based AI agent that automates complex tasks for professionals.345

The company has also secured a $750 million deal with Microsoft to utilize its Azure cloud services, allowing access to various AI models, including those from OpenAI and Anthropic.7

In a recent interview, Perplexity CEO Aravind Srinivas expressed confidence in the company's future, stating, “The AI company is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI.” He emphasized the importance of successful IPOs for the AI industry.

Perplexity's Chief Business Officer, Dmitry Shevelenko, noted, “By consistently holding 2028 as our earliest date for an IPO, Perplexity has been able to build a healthy, high-growth business.”

The potential investment from Nvidia would further solidify Perplexity's position in the competitive AI landscape, especially as it plans to leverage Nvidia's new Vera CPUs for enhanced performance in AI workloads.

Key Insight
“Perplexity's growth is driven by Perplexity Computer, a cloud-based AI agent that automates complex tasks, and the company has a $750 million Azure deal with Microsoft. CEO Aravind Srinivas told CNBC the firm plans an IPO in 2028 regardless of OpenAI and Anthropic listings.”
CuriousCats studied:
1
Yahoo FinanceYahoo Finance
“Nvidia is considering participating in Perplexity's latest equity financing round, which could value the company at more than $30 billion, Reuters reported (via The Information).”
Yahoo Finance →
2
The American BazaarThe American Bazaar
“The U.S.-based chipmaker Nvidia is in talks to invest in AI-powered search engine startup Perplexity. According to The Information, the deal is part of Nvidia’s equity funding that would value Perplexity at more than $30 billion.”
The American Bazaar →
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