Perplexity Wants to Buy Chrome for $34.5 Billion

Perplexity AI, a fairly new artificial intelligence company, has surprised the tech world by making a $34.5 billion offer to buy Google Chrome, the world’s most popular web browser. The company, which is backed by Amazon founder Jeff Bezos and chipmaker Nvidia, is led by a former Google and OpenAI employee. The announcement immediately caught the attention of industry experts and investors, many of whom are questioning the seriousness and feasibility of the bid. 

Some experts have called the offer a “stunt,” saying it is far below the real value of Chrome. Google Chrome has around three billion users worldwide and is considered a critical part of Google’s dominance in search and online advertising. Analysts estimate that the browser could be worth much more than the amount Perplexity is offering, possibly ten times higher. Additionally, it is not clear whether Google is even considering selling Chrome, adding to the uncertainty around the move. 

The timing of the bid is interesting because Google is already under intense scrutiny from U.S. regulators. A federal judge may soon order the company to break up its search business, a decision Google plans to appeal. The company has said that spinning off Chrome would be “unprecedented” and could harm both consumers and online security. Perplexity, on the other hand, argues that taking Chrome under an independent operator could benefit users by protecting their choice and maintaining user safety. 

Perplexity has promised that if the deal goes through, Google will remain the default search engine in Chrome, though users would have the option to change their settings. The company also said it would continue to support Chromium, the open-source platform that powers Chrome and other browsers like Microsoft Edge and Opera. These assurances are aimed at showing that the company wants to keep the browser reliable and accessible to everyone. 

Perplexity itself is a rising player in the generative AI space, competing with well-known platforms like OpenAI’s ChatGPT and Google’s Gemini. The company recently launched its own AI-powered browser called Comet. However, it has faced legal challenges, including accusations from the BBC for reproducing content without permission. Earlier this year, Perplexity also made headlines when it offered to buy the U.S. version of TikTok, showing that the company has big ambitions and is willing to make bold moves in tech. 

Although the bid has drawn attention, it is not yet clear how Perplexity would fund such a huge acquisition. Many investors remain skeptical, suggesting that unless backed by a much larger investment from figures like Elon Musk or Sam Altman, the offer is unlikely to succeed. For now, the tech world is watching closely to see if Perplexity’s bold plan could actually change the future of one of the most widely used web browsers in the world. 

As tech companies like Perplexity and D-Wave Quantum Inc. (NYSE: QBTS) continue to make inroads in the industry, more mergers and acquisitions to expand scope or reach are likely to keep hitting the headlines from time to time. 

NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS 

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Los Angeles, CA
www.TechMediaWire.com
310.299.1717 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

Archives

Select A Month

Contact us: (512) 354-7000