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Nvidia Eyes $30B Perplexity Stake to Fuel AI Hardware Dominance

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia is reportedly in talks to invest in AI startup Perplexity at a $30 billion valuation.
  • The move reinforces Nvidia's strategy of taking equity stakes in fast-growing AI companies that heavily deploy its chips and infrastructure, creating a powerful ecosystem loop that drives sustained hardware demand.
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