Nvidia May Buy Into AI Search Startup for Over $30B
A $30 billion deal could change how you find answers online — and who controls them
Deep Dive
According to The Information, Nvidia is discussing an equity investment in Perplexity at a valuation above $30 billion. Perplexity's annualized revenue has passed $750 million, up from less than $250 million at the start of 2026. Separately, Bloomberg reports SoftBank plans a record ¥1 trillion ($6.3 billion) retail bond to repay the bridge loan behind its OpenAI stake and fund more AI deals.
Key Points
- Nvidia may invest over $30 billion in Perplexity, an AI-powered search engine
- Perplexity’s revenue jumped from $250M to $750M in under a year
- SoftBank is borrowing $6.3B from regular savers to fund AI deals
Why It Matters
This deal could determine who controls AI search, how much you pay for answers online, and whether big tech keeps dominating innovation.