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Amidst the dual challenges posed by the rise of generative AI and ongoing antitrust lawsuits, Google's Chrome browser business has garnered significant market attention. The emerging AI startup, Perplexity, has now stepped forward with a bold proposal to acquire Chrome for $34.5 billion. Despite Perplexity's current valuation of $18 billion and annual revenue of roughly $150 million, its offer aligns with the industry's perceived valuation for Chrome. Moreover, Perplexity has unveiled its proprietary AI browser, Comet, underscoring its aspirations in the browser sector. Since 2020, the U.S. Department of Justice has been pursuing an antitrust case against Google, accusing it of monopolizing the search engine market. The potential sale of Chrome emerges as one of the potential remedies being considered.
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