Perplexity AI’s $34.5B Bid to Acquire Google Chrome Amid Antitrust Woes

Perplexity AI, a $18B startup, made an unsolicited $34.5B bid to acquire Google Chrome amid antitrust pressures on Alphabet that could force a sale. Viewed as a publicity stunt to promote its AI browser Comet, the move highlights intensifying competition in AI-driven web tech. This gambit underscores startups' bold challenges to tech giants.
Perplexity AI’s $34.5B Bid to Acquire Google Chrome Amid Antitrust Woes
Written by Tim Toole

In the high-stakes arena of artificial intelligence and web technology, a bold move by upstart Perplexity AI has sent ripples through Silicon Valley. The three-year-old startup, known for its AI-powered search engine, recently made an unsolicited offer to acquire Google Chrome for $34.5 billion—a figure that dwarfs its own $18 billion valuation. This audacious bid, first reported by CNBC, comes amid ongoing antitrust scrutiny of Alphabet Inc., Google’s parent company, which could potentially force the divestiture of the world’s most popular browser.

Perplexity’s CEO, Aravind Srinivas, framed the offer as a commitment to preserving an open internet, emphasizing user choice and innovation. Yet, industry observers see it as a savvy publicity stunt, especially given the company’s recent launch of its own AI-infused browser, Comet. The bid arrives just as the U.S. Department of Justice pushes remedies in its monopoly case against Google, where Chrome’s dominance in search distribution has been a focal point.

The Antitrust Backdrop and Potential Buyers

Court documents from Google’s antitrust trial, as detailed in Reuters, reveal that other tech heavyweights have expressed interest in Chrome should a forced sale occur. OpenAI, for instance, testified that it would consider purchasing the browser to create an “AI-first” experience, according to coverage in The Verge. Yahoo and even financial backers like JPMorgan Chase have been mentioned in speculative reports, with some estimating bids could climb to $35 billion or more.

This interest underscores Chrome’s immense value: with over 3 billion users, it serves as a gateway for data collection and AI integration. Perplexity’s offer, while ambitious, highlights the startup’s strategy to challenge Google’s grip on browsing, potentially integrating its AI search directly into a reimagined Chrome.

Perplexity’s Comet and Strategic Positioning

At the heart of this drama is Perplexity’s Comet browser, which debuted earlier this year with features like built-in AI assistants for summarizing content and automating tasks. Posts on X, formerly Twitter, from users like tech analyst Shay Boloor, have praised Comet as a direct shot at Google, noting its native AI capabilities that could disrupt traditional browsing. However, the $34.5 billion bid raises questions about feasibility—Perplexity’s valuation, bolstered by investors including Jeff Bezos, falls short, suggesting the move is more about generating buzz than a serious takeover.

Analysts at TechRadar speculate whether acquiring Chrome might lead Perplexity to shelve Comet, but Srinivas has insisted the offer complements their vision of an open web. Recent web searches confirm that Alphabet has shown no inclination to sell, with executives dismissing the bid as opportunistic amid legal pressures.

Implications for AI and Browser Competition

The broader implications extend to how AI firms are positioning themselves against Big Tech incumbents. OpenAI’s own plans for a web browser, as reported in a July Reuters exclusive, signal an intensifying battle for user attention. If the DOJ succeeds in mandating a Chrome sale, it could democratize access to vast user data, fueling AI advancements.

Yet, skepticism abounds. A Ars Technica analysis notes that regulatory hurdles and Google’s appeals could delay any divestiture for years. Perplexity’s bid, echoed in X posts from outlets like Cointelegraph, has nonetheless amplified discussions on antitrust remedies.

Financial Realities and Future Scenarios

Financing such a deal remains a puzzle. Perplexity’s offer, detailed in a CoinCentral report, relies on hypothetical backing, but experts question if it’s viable without massive debt or partnerships. Meanwhile, Google’s cloud deals with OpenAI, as highlighted in X posts by market watchers like Kaushik, show intertwined dependencies that complicate rivalries.

For industry insiders, this episode reveals the aggressive tactics AI startups employ to challenge giants. Whether Perplexity’s gambit leads to a acquisition or merely elevates Comet, it marks a pivotal moment in the evolution of web technologies, where AI integration could redefine user experiences and market power. As the antitrust case unfolds, all eyes remain on Washington’s decisions, which could reshape the digital ecosystem for decades.

Subscribe for Updates

ITProNews Newsletter

News & trends for IT leaders and professionals.

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.

Notice an error?

Help us improve our content by reporting any issues you find.

Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us