<p>Perplexity AI has made a $34.5 billion cash bid to acquire Google's Chrome browser. The surprise offer comes as Google faces anti-trust lawsuits in the U.S., and Perplexity may believe that Google will be forced to divest Chrome. Despite its current market cap of $18 billion, Perplexity has backing from high-profile investors and is said to have secured financing from multiple funds. However, the proposed price is considered low by some analysts, with estimates suggesting Chrome's value could be up to 10 times higher. Perplexity has also stated its commitment to keeping the Chromium engine open-source and investing $3 billion in Chrome over two years.</p>
Related Articles
- Google Has Your Back With New Chrome Security Features To Thwart Threats11 months ago
- Google Pixel 9 Just Dropped To Its Lowest Price Ever, 38% Off Ahead Of Pixel 10 Launchabout 19 hours ago
- Google invests in nuclear fusion, nuclear fission, geothermal and solar for datacentre electricityabout 1 month ago
- HP Dimension with Google Beam eyes 3D video meetingsabout 1 month ago
- 29 North Korean laptop farms busted by U.S. Department of Justice — illicit IT workers across 16 states reportedly obtained employment with more than 100 U.S. companies to help fund regimeabout 2 months ago
- Google begins rolling out Android 162 months ago
- Google has New NVIDIA RTX Pro 6000 8-GPU Instances with AMD EPYC 9005 CPUs2 months ago
- YouTube is expanding its ad-blocking powers — closes loopholes that allowed some users to bypass restrictions2 months ago
- Musk asserts AI will make search redundant in comment on Google Search share dipping below 90%3 months ago
- Beware! These Chrome Extensions With Millions Of Installs Have Hidden Trackers4 months ago