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08/13 07:30

Perplexity AI Offers $34.5 Billion for Google's Ch

Perplexity AI Offers $34.5 Billion for Google's Chrome

Perplexity AI makes $34.5 billion offer for Google's Chrome.

Designed to address U.S. antitrust measures.

Investor backing noted, but specifics undisclosed.

Perplexity AI has extended a $34.5 billion acquisition bid for Google's Chrome browser, aimed at complying with U.S. antitrust measures, confirmed by The Wall Street Journal.

This offer by Perplexity intends to diversify market control, potentially impacting Chrome's ecosystem, including DeFi applications. Google's response remains crucial for future regulatory and market shifts.

Perplexity's $34.5 Billion Chrome Bid: Antitrust Implications

Perplexity AI has submitted a $34.5 billion acquisition offer for Google's Chrome, far exceeding its own valuation of $18 billion. This initiative, named Project Solomon, aims at U.S. antitrust compliance. Perplexity confirmed backing from several large venture-capital funds, although their identities remain undisclosed. The offer is a non-binding term sheet to Google, aiming to address regulatory pressures on Google's search dominance.

If successful, this acquisition could alter the technological and market landscape as Chrome is vital for web browsers and DApps. There is potential for alterations in DeFi usage, given Chrome's compatibility with world-liberty-financial-sui-strategic-reserve and various crypto extensions, although no formal response has been received from Google. Perplexity stated it plans to invest $3 billion over two years to support Chrome upon deal completion.

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