Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet's Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser's billions of users pivotal to the AI search race.

The antitrust case into Google’s search business just got more heated, as Perplexity AI has submitted a $34.5 billion offer to acquire the company’s Chrome browser, the Wall Street Journal reported on Tuesday.

Many see Perplexity’s bid to buy Google’s Chrome browser as a strategic statement rather than a likely transaction.