Nvidia may buy into the company that turns Nvidia's chips into $750 million of "revenue."
“Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion, with Perplexity's annualized revenue reported to have risen to more than $750 million from less than $250 million at the start of the year.”
The Information (anonymous sourcing), syndicated via Reuters and re-reported worldwide, 23 August 2026
Recorded 25 August 2026. Our ruling means: literally true, materially misleading.
Chip makers and hyperscalers take equity stakes in AI labs or neocloud providers, who in turn commit to multi-year purchases of chips or computing power.
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“AI is dramatically accelerating AI research at Anthropic right now, roughly doubling the pace of capabilities progress.”
TRUE, BUTLab Not FieldAjeya Cotra on Planned Obsolescence, reading METR's assessment and Anthropic's S-1 statement that it may imminently meet its own threshold
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