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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.

Still, this offer for Chrome is far more than Perplexity has raised from investors and more than the startup’s current valuation. Perplexity has raised about $1.5 billion to date, Pitchbook estimates, including an extension round of $100 million raised last month that valued it at $18 billion, Bloomberg reported.