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Nvidia is participating in a new funding round for Perplexity, a startup in the artificial intelligence sector, which could raise its valuation to over $30 billion. The deal aims to strengthen Perplexity's position in the AI-powered research tools market, a sector witnessing increasing investments and stiff competition among major companies. These investments will help Nvidia solidify its relationships with model development and research firms, especially given the rapid growth and substantial investment in AI technologies and related infrastructure.
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