Reported 2 days ago
Perplexity AI, a San Francisco startup supported by major investors like Nvidia and Jeff Bezos, has submitted a $34.5 billion cash offer to acquire Google's Chrome browser. This bid, which exceeds the startup's current valuation by over $14 billion, comes as regulatory scrutiny on Google intensifies. While Perplexity's proposal includes commitments to keep Chrome open source and invest $3 billion in development, analysts believe it significantly undervalues the browser, estimating its worth at closer to $100 billion.
Source: YAHOO