Overview
- Perplexity AI submitted an unsolicited $34.5 billion all-cash bid to acquire Google’s Chrome browser, a proposal worth nearly double its $18 billion valuation.
- The bid pledges to keep the Chromium codebase open source, invest $3 billion over two years in Chrome’s development and maintain the current default search settings.
- While Perplexity says multiple large investment funds have agreed to finance the transaction in full, it has not provided specific funding details.
- Google has not put Chrome on the market, plans to appeal the antitrust ruling that found it a search monopolist and is expected to resist any forced divestiture.
- A Department of Justice remedies decision is expected soon, and other suitors such as OpenAI, Yahoo and Apollo remain interested despite legal and technical hurdles.