Synthetic intelligence (AI) start-up Perplexity has made a shock $34.5bn (£25.6bn) takeover bid for Google’s Chrome web browser.
Transferring Chrome to an impartial operator dedicated to person security would profit the general public, Perplexity mentioned in a letter to Sundar Pichai, the boss of Google’s proprietor Alphabet.
However one know-how business investor known as the supply a “stunt” that may be a a lot decrease than Chrome’s true worth and highlighted it’s not clear whether or not the platform is even on the market.
The BBC has contacted Google for remark. The agency has not introduced any plans to promote Chrome – the world’s hottest internet browser with an estimated three billion-plus customers.
Google’s dominance of the search engine and internet advertising market has come beneath intense scrutiny, with the know-how big embroiled in years of authorized wrangling as a part of two antitrust circumstances.
A US federal choose is anticipated to challenge a ruling this month that might see Google being ordered to interrupt up its search enterprise.
The corporate has mentioned it will enchantment such a ruling, saying the concept of spinning off Chrome was an “unprecedented proposal” that may hurt shoppers and safety.
A spokesman for Perplexity advised the BBC that its bid marks an “vital dedication to the open internet, person alternative, and continuity for everybody who has chosen Chrome.”
As a part of the proposed takeover, Perplexity mentioned it will proceed to have Google because the default search engine inside Chrome, although customers might modify their settings.
The agency mentioned it will additionally keep and help Chromium, a widely-used open-source platform that helps Chrome and different browsers together with Microsoft Edge and Opera.
Perplexity didn’t reply to queries about how the proposed deal can be funded. In July, it had an estimated worth of $18bn.
Know-how business investor and start-up founder Heath Ahrens known as Perplexity’s transfer a “stunt, and nowhere close to Chrome’s true worth, given its unmatched information and attain.”
“The supply is not severe, but when somebody like Sam Altman or Elon Musk tripled it, they might genuinely safe dominance for his or her AI,” he added.
Additionally it is not clear whether or not Google is contemplating promoting the platform, Tomasz Tunguz from Idea Ventures advised the BBC.
He additionally mentioned the supply is quite a bit decrease than the browser is price “given the worth of Chrome is probably going considerably increased – perhaps ten instances extra helpful than the bid or extra.”
Perplexity’s app is among the many rising gamers within the generative AI race, alongside extra well-known platforms like OpenAI’s ChatGPT and Google’s Gemini.
Final month, it launched an AI-powered browser known as Comet.
The corporate made headlines earlier this 12 months after providing to purchase the American model of TikTok, which faces a deadline in September to be bought by its Chinese language proprietor or be banned within the US.
Perplexity has reportedly drawn curiosity from know-how giants together with Apple and Fb-owner Meta.