Perplexity Could Hit $30B, Gemma Crosses 1B & Alibaba Goes All In on AI
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Perplexity’s $30 Billion Moment Could Be Powered by Nvidia
Perplexity started as an AI search tool. Now, it is quickly becoming one of the biggest names in the AI race. Nvidia is reportedly discussing an investment in Perplexity as part of a new funding round that could value the company at more than $30 billion.
That is a big jump from Perplexity’s previous valuation of around $20 billion.
The company is also growing beyond search. Its newer product, Perplexity Computer, is designed to help users complete larger work tasks with AI instead of only answering questions. Perplexity’s annualized revenue has also grown fast, reportedly rising from under $250 million at the start of the year to more than $750 million.
If Nvidia joins the round, it would give Perplexity more than just fresh money. It would also give the company backing from one of the most important players in the AI industry.
Read More → Reuters
Gemma Just Crossed 1 Billion Downloads. Here’s Why That Matters
Google’s Gemma family has reached a huge milestone: more than 1 billion downloads. Gemma was built to give developers smaller, open models they can download, customize, and use in their own projects.
What makes this milestone interesting is the community around it. Google says developers have created more than 100,000 Gemma variants, showing how widely the models are now being used. Gemma is also moving far beyond simple demos. Developers are using it in areas like healthcare, education, science, and research.
The big takeaway is simple: the AI world is not only about ChatGPT, Gemini, and Claude. More developers also want models they can control and adapt for their own needs.
Read More → Google Official Documentation
Alibaba Is Putting Another $10.2 Billion Behind Its AI Push
Alibaba is making it clear that AI is one of its biggest priorities. The company has launched a $10.2 billion share sale and says the money will be used to grow its AI business. That includes spending on chips, data centers, infrastructure, and new AI models.
Alibaba has already been investing heavily in AI through its Qwen models and cloud business. Now it wants even more computing power to keep up with global competitors. The move did worry some investors because issuing new shares can reduce the value of existing holdings, and Alibaba’s stock fell after the announcement.
But the larger story is that the AI race is becoming extremely expensive. Companies are no longer spending only on better models. They are spending billions on the hardware and infrastructure needed to run them.
Read More → Reuters
BIG MOVES IN AI THIS WEEK
Tool of the Week: Simplify Job Search
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Highlights Overview
ChatGPT for Teens Brings More Safety Controls
OpenAI launched ChatGPT for Teens, a version built for users aged 13 to 17 with stronger safety protections, healthy use features, and extra controls for parents.
The idea is not to make a completely different chatbot, but to give younger users a safer version of ChatGPT while still keeping it useful for learning and everyday questions.
Gemini 3.7 Flash Arrives for Coding and AI Agents
Google introduced Gemini 3.7 Flash, calling it its most intelligent workhorse model yet for coding and agents.
The model is designed for developers who want strong performance without always using the biggest and most expensive model available.
Meta AI Gets Its Own Mac App
Meta is bringing its AI assistant to the Mac with a dedicated desktop app.
Users can share a window with Meta AI, ask questions about what is on screen, use dictation across apps, and connect the assistant with Meta services and Google Workspace.
Cloudflare Gives AI Agents an Identity and a Wallet
Cloudflare launched new tools designed to help businesses know which AI agent is acting on their behalf and allow those agents to make payments more safely.
This is another sign that AI agents are moving from simple chatbots toward systems that can take real actions online.
AI Agents Are Getting Their Own Open Communication Standard
Google’s Agent2Agent Protocol, or A2A , is moving into the Agentic AI Foundation.
A2A is designed to help AI agents from different companies communicate with each other more easily instead of every company building its own custom connection.
Quick Bytes
- Wizstar Launches AI Avatars for Video Creation: Wizstar introduced AI avatars designed to move and perform more naturally, giving creators a faster way to make presenter style videos without recording themselves.
- Supernova Connects Startup Data to Claude and Codex: Supernova lets teams connect live business data to AI models so they can ask questions about metrics, performance and company activity in plain language.
- Project SKY Brings an Ambient AI Companion to Windows: Project SKY launched as a desktop AI assistant that can stay aware of what you are working on and help across different tasks without being limited to one browser tab.
- Epho Runs Claude Code and Codex in the Cloud: Epho gives developers a cloud workspace for coding agents, making it easier to run Claude Code, Codex and similar tools without keeping everything on a local machine.
- Vercel Releases fx, a Lightweight Coding Agent: Vercel introduced fx, a small open source coding assistant built for developers who want a simple command line AI agent.