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.