Perplexity Reportedly Proposes Buying Google Chrome for a Price Exceeding Its Own Valuation
Perplexity AI startup is attempting to purchase Google Chrome by Alphabet. According to sources, the offer is above the recent $1 billion valuation of Perplexity. The perplexity offer is aimed at a major Google asset.
Highlights:
- Perplexity's offer for Chrome reportedly surpasses its $1 billion valuation.
- The Perplexity offer aims to acquire Google's web browser.
- Funding sources for the Perplexity offer are currently unclear.
- Alphabet is unlikely to sell its Chrome browser.
- Industry views the Perplexity offer as a significant strategic move.
This Perplexity offer is a direct way of obtaining a collective Google product. A successful purchase of Chrome would pull Perplexity to millions of users and extensive search data instantly. Nevertheless, the Perplexity offer is very doubtful because of the tremendous disparity between the valuations.
With an estimated valuation of over a billion dollars, Perplexity will have to raise money far more than its value to buy out the Chrome. Alphabet sees Chrome as central to its business and does not appear to be interested in selling. The Perplexity offer is in the midst of serious financial and strategic challenges.
The analysis of industry indicates that the Perplexity offer is rather a strategic statement than the attempt of the acquisition. Although it is highly doubtful to succeed in buying Chrome, the Perplexity offer places the startup at a very bold stage where it competes with Google and reveals its plans in the search and browser arena.