Monday, August 24

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Tech Nvidia is reportedly in talks to invest in Perplexity at more than $30 billion Markets The Iran war shows up in European car registrations Economy Russians pulled $3.4 billion from banks in half of August, and the arithmetic is the story Companies Samsung promised $79 billion to shareholders and the stock fell 8 percent Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com Tech Nvidia is reportedly in talks to invest in Perplexity at more than $30 billion Markets The Iran war shows up in European car registrations Economy Russians pulled $3.4 billion from banks in half of August, and the arithmetic is the story Companies Samsung promised $79 billion to shareholders and the stock fell 8 percent Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com

Topic: venture capital

Rows of Cray XT5 supercomputer cabinets in a machine hall at Oak Ridge

Monday, 8/24, 12:37 AM

Nvidia is reportedly in talks to invest in Perplexity at more than $30 billion

The Information reports a round worth billions, at a valuation up from about $20 billion a year ago.
Perplexity's annualized revenue has gone from under $250 million to over $750 million this year.
Neither company has confirmed it.

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