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AI Weekly Issue #525: Nvidia may buy into Perplexity above $30B before Wednesday's earnings

This story is from 2026-08-24. It is preserved in the archive; the latest stories are on the live feed.

The Information reports that Nvidia is discussing an equity investment in Perplexity at a valuation above $30 billion. Perplexity's annualized revenue has reportedly passed $750 million, up from less than $250 million at the start of 2026. Separately, Bloomberg says SoftBank plans a record ¥1 trill…

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  1. 2026-08-24 00:00 · AI Weekly
    AI Weekly Issue #525: Nvidia may buy into Perplexity above $30B before Wednesday's earnings

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