Perplexity ai On Tuesday, offered $ 34.5 billion to buy Google’s web browser Chrome. Let us tell you that Google may be forced to sell Chrome under anti-competition proceedings. According to an AFP report, a huge amount of $ 34.5 billion proposed in the Lanter of Intent by Perplexity is almost double the value of its own value. Perplexity value was around $ 18 billion in a recent funding.
What did CEO Arvind Srinivas say in the letter
Perplexity co-founder and CEO Arvind Srinivas said in a letter, “The proposal has been designed to satisfy the anti-competition measures in the supreme public interest, provided a competent, independent operator focused on continuous, openness and consumer protection to Chrome.”
American District Court had taken historical verdict
Let us tell you that Google is waiting for the decision of Amit Mehta, Judge of the US District Court after a historic decision last year. It was said in the judgment that Google has maintained an illegal monopoly in online search. The US government lawyers have called Google to sell Chrome browser, arguing that AI is ready to increase the dominance of this technical giant as a major medium in the Internet. Google has urged Amit Mehta to reject disinvestment and his decision in this matter is expected to come by the end of the month.
What is the opinion of analysts on the proposal of purpose
Research analysts of Baird Equity Research said in a note to investors that the proposal of purposeity rarely evaluates chrome and should not be taken seriously. Beyard’s analysts believe that since the purposeity is already a browser to compete with chrome, the San Francisco-based startup may try to affect other browsers to bid or affect the pending decisions in the anti-competition case.
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