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AI NewsNVIDIA in Talks to Invest in Perplexity at $30 Bn Plus Valuation: Report

NVIDIA in Talks to Invest in Perplexity at $30 Bn Plus Valuation: Report

7:06 PM IST · August 24, 2026

NVIDIA in Talks to Invest in Perplexity at $30 Bn Plus Valuation: Report

The talks come as Perplexity’s annualised revenue crosses $750 million, fuelled by rapid growth in its AI search and agent products.

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Amid the numerous tech layoffs happening across the globe, comes news about Google that has reportedly extended its voluntary exit programme to more countries this year. While there are no confirmed details about how many employees have voluntarily signed up for it, it has now been reported that Google had expanded its voluntary buyout offers in June. The news comes shortly after software giant Microsoft offered voluntary exit buyouts to about 60,000 employees primarily in the US, UK, India and Canada. More recently, Canva trimmed down 22 percent of its workforce, which affects 1,271 employees across several countries.

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Apple Reportedly Lowers AI Spending Limits for Engineers Amid Cost-Cutting Push

Apple is said to be tightening its spending limits on artificial intelligence (AI) tools used by employees. According to a report, the Cupertino-based tech giant has already reduced the daily allowance for some engineers using AI models from $300 to $200, with further cuts being considered for select teams, even as it looks to make AI a bigger part of its internal operations. The proposed changes will reportedly bring some engineering budgets down to $100 per day. Meanwhile, employees in other departments may also face lower limits.

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OpenAI Introduces GPT-6 Cyber With Improved Vulnerability Detection and Exploit Development

OpenAI Introduces GPT-6 Cyber With Improved Vulnerability Detection and Exploit Development

OpenAI announced GPT-6 Cyber on Thursday as its latest AI model to help security researchers identify software vulnerabilities, develop working exploits, and create fixes. According to the San Francisco-based company, it delivers significant improvements over GPT-5.6 Cyber on cybersecurity benchmarks, including a 51 percent relative improvement on ExploitGym. The AI model is also claimed to be capable of following authorised testing boundaries more reliably. OpenAI says GPT-6 Cyber has already helped uncover vulnerabilities in widely used software.

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NVIDIA in Talks to Invest in Perplexity at $30 Bn Plus Valuation: Report