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This Shocking $34.5 Billion Move Could Thrust a Young AI Startup Into Direct War with Google’s Global Browser Dominance
Perplexity offered $34.5 billion to buy Google Chrome after a federal court ruled Google holds an illegal monopoly and proposed selling Chrome as a remedy.
8 Articles
8 Articles
Google Chrome could be sold for $34.5bn after US court ruling – this is who might own your favourite browser
Google Chrome users — you could be seeing significant changes to your browser sooner rather than later. Artificial Intelligence (AI) start-up company Perplexity has made an unexpected $34.5 billion (roughly £25.4bn) bid to purchase the Chrome browser from Google, despite the startup itself being worth only $18 billion (roughly £13.2bn).Perplexity hosts a conversational search engine, designed to provide clear, context-aware responses to user que…
Google Chrome: AI startup Perplexity wants to buy browser
In August 2024, internet behemoth Alphabet lost the biggest antitrust challenge it has ever faced when a US judge found that its subsidiary Google illegally monopolized the search market. US Federal Court Judge Amit Mehta ruled that $26.3 billion (€22.4 billion) in payments that Google made to other companies to make its internet search engine the default option on smartphones and web browsers effectively blocked any other competitor from succee…
Perplexity Wants to Buy Google Chrome for $34.5 Billion, but That Won't Be Enough @themotleyfool #stocks $GOOGL $GOOG
Key PointsPerplexity's offer is larger than the current value of the company.Alphabet still has options to fight the decision in court. 10 stocks we like better than Alphabet › Generative AI company Perplexity made a jaw-dropping offer to Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday: It is willing to buy its Google Chrome browser for $34.5 billion. Even more amazing is that Perplexity is only valued at around $18 billion, as of its last fu…
In a twist that few would have anticipated, Google Chrome, the world’s most used browser, has become the focus of a battle between artificial intelligence companies. It all started with Perplexity AI, an AI-based search platform, which surprised to present a $34.5 billion offer to acquire Chrome from Google. The news toured social networks and global media at great speed, leaving many with the question: why would Google sell Chrome? However, a c…
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