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Nvidia bets $30B on Perplexity; Databricks tests $190B public exit
Two mega-valuations test the frontier's faith in platform shifts: Nvidia doubles down on agentic browsing, Databricks rehearses a public debut, and a blood test rewrites the neurology playbook.
Nvidia doubles stake in Perplexity at $30B agentic-browser valuation
Nvidia is deepening its investment in Perplexity at a valuation north of $30 billion, weeks after the AI answer engine beat back Amazon's legal challenge and signed a major distribution deal. Where Google gives you links, Perplexity acts like a research assistant, reading pages and summarizing answers with citations. The bet signals Nvidia's conviction that agentic browsing—software that researches on your behalf—could become as foundational as search, and a direct hedge against incumbents' moats. For investors, the valuation implies Perplexity might one day replace how millions find information online.
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