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This week in AI: 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. Updated 2026-08-24

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Aug 24, 2026 · Updated 1h ago
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#525 Nvidia may buy into Perplexity above $30B before Wednesday's earnings

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 trillion, or $6.3 billion, retail bond to help repay the bridge loan behind its OpenAI stake and fund more AI deals. Put together, the signals expose next week's capital split: the chip supplier is moving t...

2026-08-24

Previous Issues

#524What AI models are actually coming in the next six months? #523AI ethics is nobody's job now. The labs prefer it that way. #522Zuckerberg promises superintelligence for all. Experts aren't sold. #521The frontier just split into three markets All 631 issues →

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Latest Issue

#525 Nvidia may buy into Perplexity above $30B before Wednesday's earnings
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 trillion, or $6.3 billion, retail bond to help repay the bridge loan behind its OpenAI stake and fund more AI deals. Put together, the signals expose next week's capital split: the chip supplier is moving t...
2026-08-24
#524 What AI models are actually coming in the next six months?
#523 AI ethics is nobody's job now. The labs prefer it that way.
#522 Zuckerberg promises superintelligence for all. Experts aren't sold.
All 631 issues →
Track by company: Google OpenAI Microsoft Nvidia Meta Anthropic
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