Move over, ChatGPT: Perplexity bids 34.5 billion for Google Chrome

As a federal antitrust investigation into Google's Chrome browser wraps up, rivals are striking: Perplexity has launched an unsolicited bid to buy Chrome for a whopping 34.5 billion, according to reports. Bloomberg reported the proposed deal, confirmed by a Perplexity representative, as did The Wall Street Journal. But there's a hitch: Perplexity doesn't have 34.5 billion to fund the deal with. In fact, the WSJ estimates its own valuation at just 18 billion. This means Perplexity would have to come up with another source of cash, and it appears that it has done just that.