Perplexity, a popular AI search startup, shocked the tech world with its Perplexity AI $34.5 billion Chrome bid. This move confirmed how many of the companies are ready to take risks to complete the ambition. The Perplexity AI $34.5 billion Chrome bid has been recently sent to Google’s parent company. This news is from The Wall Street Journal and Bloomberg, and they confirmed the truth of this news.
Perplexity is trying to make a big move by taking advantage of Google’s growing legal issues in the US. The Perplexity CEO, Aravind Srinivas, also said in a letter that this offer is mainly made to address antitrust concerns because this will give Chrome to an independent company that can help it run smoothly, stay open, and also protect users.
Perplexity AI’s offer to Google for its Chrome browser is a great strategy, but also a risky move. Different people have their various opinions about it, and some are guessing how this Perplexity AI $34.5 billion Chrome bid will work.
What makes Perplexity AI offer $34.5 billion? A Price Higher Than Valuation
Perplexity AI $34.5 billion Chrome bid is almost twice the amount of its value. It shows how the Chrome browser is important. Chrome is still one of the most famous tools to search for something, and it’s been around for a very long time, which makes it a more important old gem. There are still some tasks that can’t be done in Google, so people use Chrome for them. There are many hidden features that Chrome offers its users. Investing in this Chrome browser is never a loss.
The Perplexity AI offer can be accepted, but with a few conditions. The conditions are such that Chrome will be open source, so anyone can use it and its code. The investment of $3 billion should be made in Chrome and in projects. Google will also stay with the default search engine, so the users of Chrome don’t face any issue after the perplexity takes over.
Project Solomon was also made to address all antitrust issues and to give the users of Chrome the same environment for at least 100 months, which is around 9 years after the deal. This project is made to save the Chrome users’ experience and not to affect any growth factors of Google Chrome.
Pressure on Antitrust: Why Now?
Google is currently facing some serious legal issues. The issues started from last year. In the year 2024, Judge Amit Mehta said that Google has an illegal monopoly in its online search engine. The US Department gave an opinion that if Google wants to remove these allegations, they have to sell their Chrome, and by taking advantage of it, Perplexity AI won the $34.5 billion Chrome bid. It seems like Perplexity is waiting for this deal to happen soon, because they jumped into it very early. There are still no confirmations from the court on how urgent this case is; this whole thing can take more years to happen, but Perplexity doesn’t seem to want to wait this long.
Market Reaction to Perplexity AI $34.5 Billion Offer
The Perplexity AI offer seems unusual, and it created a lot of shock in the market. Many eyes were focused on the Chrome, but Perplexity appears to have taken the lead. The Google stock also rose by 1% after this big announcement. Many founders found the bid interesting even though the news doesn’t have any confirmation, but it looks worth the hype.
Perplexity AI $34.5 billion Chrome bid is not just a bid but also the act of seeking market attention. Even if the deal didn’t happen, they got enough market attention, which can benefit them somehow. Axios also called this a move of “a marketing masterstroke.” This is not the first time Perplexity has made a bold move, because in January, Perplexity gave a similar offer to TikTok US. This move was more symbolic than realistic.
Know More: GitHub CEO Thomas Dohmke Stepping Down in 2025, Considers a New Startup Initiative
Know More: ChatGPT Medical Advice Lands Man in Hospital with Rare Toxicity
Perplexity AI offers Impact on the Industry and Strategic Implications
The Perplexity AI $34.5 billion Chrome bid plan had benefited the company by making it the centre of attention, with talk of rich investors. The browser is becoming a new battleground because of this world of AI. Having a successful browser is a long-term investment. If Google ever thought about selling its Chrome in reality, then there would be many other investors, but Perplexity already entered the game. Even if the bid does not get confirmation, it shows how companies and investors see Chrome as so much more than just a normal browser; it’s something that can change their whole game and can make their strong spot in the market.
