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.

Perplexity made an unsolicited $34.5 billion bid for Google's web browser and claims it has the backing to pull it off.

Tuesday’s disclosure that Perplexity wants to buy Chrome may be intended to influence a federal judge more than Google/Alphabet. Either way, it’s getting a lot of attention, which might have been Perplexity’s primary goal.