Perplexity AI offers $34.5 billion in cash for Alphabet’s Chrome browser, aiming to compete in the AI search race. Google faces regulatory pressure, but has not responded to the offer. Perplexity plans to keep Chromium open source, invest $3 billion, and maintain Chrome’s default search engine. Analysts predict a legal battle over Chrome’s sale.

Judge Mehta is expected to rule on remedies in the Google search antitrust case this month. Legal experts suggest a lengthy appeals process could delay any forced sale of Chrome. Perplexity’s bid falls short of DuckDuckGo’s estimated $50 billion value for Chrome. The battle for control of the browser market intensifies.

Read more at Yahoo Finance: AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser