GoKawiilPerplexity triples revenue to $750M as Nvidia weighs investment
GoKawiil Brief
AI search startup Perplexity has shifted its strategy toward building AI agents, and that pivot has helped triple its annualized revenue to $750 million. Nvidia is reportedly now seriously considering an investment in the company.
Why It Matters
GoKawiil's interpretation of the reporting above, not reported fact.
This marks a notable turnaround for a company once dismissed as a thin wrapper around search and language models, showing that agent-focused products can drive real revenue growth. Nvidia's interest also signals how chipmakers are looking to secure strategic stakes in the AI application layer, not just hardware sales.
Key Takeaways
- Perplexity's revenue tripled to $750 million annualized after pivoting to AI agents.
- Nvidia is reportedly considering an investment in the startup.
- The growth suggests investor skepticism about Perplexity's business model may be easing.
Source: fastcompany.com, 2026-09-03
Published there as: “Maybe we were wrong about Perplexity”
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