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The Decoder

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The Decoder

Nvidia in talks to invest in Perplexity at $30 billion-plus valuation

Nvidia is negotiating an investment in Perplexity at a valuation above $30 billion, more than 50 percent higher than its last funding round, The Information reports. Perplexity's annualized revenue has tripled to over $750 million. Much of Nvidia's investment money…

The Decoder

How China's gray market sells Claude tokens at a fraction of the price

Anthropic's strict access controls against China, from geoblocking to selfie verification, are being systematically bypassed through a thriving network of so-called "transfer stations." Chinese developers can buy Claude tokens for as little as ten percent of the list price. Analyst…