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AI start-up Perplexity makes bold bid for Google’s Chrome browser

The US$34.5 billion unsolicited offer comes after OpenAI, Yahoo and Apollo Global Management have also expressed interest in Chrome

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Google’s Bay View campus in Mountain View, California. Photo: AFP
Reuters
Perplexity AI said it had made a US$34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a low but bold bid that would need financing well above the start-up’s own valuation.

Run by Aravind Srinivas, Perplexity is no stranger to headline-grabbing offers – it made a similar one for TikTok US in January, offering to merge with the popular short-video app to resolve US concerns about TikTok’s Chinese ownership.

Buying Chrome would allow the start-up to tap the browser’s more than 3 billion users for an edge in the AI search race as regulatory pressure threatens Google’s grip on the industry.

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Google did not immediately respond to a request for comment.

The company has not offered Chrome for sale and plans to appeal a US court ruling last year that found it held an unlawful monopoly in online search. The Justice Department has sought a Chrome divestiture as part of the case’s remedies.

Aravind Srinivas, CEO of Perplexity. Photo: AFP
Aravind Srinivas, CEO of Perplexity. Photo: AFP

Perplexity did not disclose on Tuesday how it planned to fund the offer. The three-year-old company has raised around US$1 billion in funding so far from investors including Nvidia and Japan’s SoftBank Group. It was last valued at US$14 billion.

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