Nvidia Explores Perplexity Investment at $30B Valuation

Nvidia is engaged in discussions to invest in artificial intelligence startup Perplexity as part of a funding round that could value the company at more than $30 billion, according to The Information. The potential investment would represent a significant increase, raising Perplexity's valuation by over 50% from its previous funding round a year ago, when it was reportedly valued around $20 billion.

This deepened engagement between Nvidia and Perplexity comes as their business relationship strengthens. Perplexity has experienced substantial revenue growth, with its annualized revenue reportedly climbing to over $750 million from less than $250 million at the beginning of the year. A key driver of this expansion is Perplexity Computer, an AI agent designed to automate professional computing tasks.

### Story Arc / How We Got Here Today's report on Nvidia's potential investment in Perplexity builds on a previous strategic move by the chip giant. On August 16, 2026, Nvidia signaled its commitment to AI infrastructure by investing up to $3 billion in power infrastructure developer Lancium, addressing the growing demand for electricity in AI data centers. This earlier investment highlighted Nvidia's focus on securing resources essential for scaling AI operations, a theme that continues with its current exploration of Perplexity. Prior coverage can be found at /explore/nvidia-bets-3b-on-power-infrastructure-for-ai-growth.

### Money Play Investors may watch Nvidia's strategic investments as indicators of AI sector growth.

## Catalyst Analysis: Strategic Investment Discussions Nvidia's potential investment in Perplexity at a substantial valuation highlights the continued strategic capital deployment within the generative AI ecosystem. The significant increase in Perplexity's valuation and revenue suggests strong market adoption and product traction, particularly driven by its AI agent for automating tasks.

## Technical Analysis & Key Risk Watch

Key levels for $NVDA+WL (educational): R2 $222.22 · R1 $217.86 · last $217.55 · S1 $217.00 · S2 $214.80.

For Nvidia ($NVDA+WL), key technical levels to watch include support at $217.00 and resistance around $217.86, with the last trade at $217.55. The stock's RSI14 stands at 57.5, indicating a neutral momentum reading. Microsoft ($MSFT+WL) shows strong upward momentum with an RSI14 of 84.5, trading above its 50-day and 200-day moving averages. Alphabet ($GOOGL+WL) exhibits a more cautious profile with an RSI14 of 25.6, trading below its 50-day moving average.

## Impact on AI Infrastructure & Software This potential investment underscores the capital intensity and strategic partnerships required to scale AI operations. As Nvidia secures power infrastructure, it also appears to be investing in software and service layers like Perplexity, indicating a broad approach to capturing value across the AI stack.