In a bold move, AI startup Perplexity has launched a $34.5 billion bid to acquire Google’s Chrome browser. The offer is a strategic maneuver to capitalize on the ongoing U.S. antitrust proceedings against Google. A federal judge has already ruled that Google holds an illegal monopoly, and a potential remedy could involve the forced sale of the Chrome browser.
Perplexity’s unsolicited bid positions it as a key player in the potential restructuring of Google’s assets, putting it in competition with rival OpenAI, which has also shown interest in Chrome. While questions have been raised about how the startup could afford the deal, given its recent $18 billion valuation, the company’s Chief Business Officer has stated that “multiple large investment funds have agreed to finance the transaction in full.”
The company is proactively addressing potential user and regulatory concerns. It has pledged to not make any “stealth modifications” to the browser, reassuring users of a commitment to continuity. The offer also deliberately excludes any equity in Perplexity, a move intended to alleviate any antitrust issues related to the acquisition itself. Google has not yet commented on the bid.
This isn’t the first time Perplexity has pursued an internet property facing regulatory pressure. Earlier this year, it also submitted a bid to merge with TikTok’s U.S. operations. The interest in web browsers highlights their growing significance for AI companies, which are seeking to build agents capable of performing complex tasks. If the offer is approved, Perplexity has committed to investing $3 billion over two years and retaining a significant portion of the Chrome team.