Project
An on-premises AI agent product from Perplexity that runs tasks locally on dedicated Nvidia hardware rather than in the cloud, aimed at professional users.
Perplexity CEO Aravind Srinivas says sovereign wealth funds want its Computer agent platform on their own hardware, with open-weight models and no telemetry. No fund, deal size or country is disclosed, so the evidence is the CEO's account of requests.
Reality
The Information puts Perplexity's annualized revenue above $750m, up from under $250m in January, and the app user counts grew nowhere near that fast, which makes metered credits and enterprise seats the thing a buyer is actually pricing.
Reality
Portable Computer keeps agent work on hardware you own and asks permission before any single step escalates. The entry fee is 24GB of VRAM and a paid subscription.
Reality
Portable Computer runs the agent's control plane on device and charges only when a task goes to the cloud. The part that decides when that happens is also the part nobody has priced or locked down.
Reality
The Information reports a valuation more than 50% above the last round, with a licensing arrangement considered alongside it. Buyers of AI search should read the roadmap as supplier-driven.
Reality
A reported check into a company that rents its compute instead of buying GPUs pushes the circular financing question one step further from anything a filing will show.
Reality