Perplexity AI Eyes $20 Billion Valuation and Bold Bid for Google Chrome

Perplexity AI, a leader in AI-powered search technology, is reportedly preparing for a new funding round targeting a massive $20 billion valuation. 

This comes after explosive growth in just 18 months, skyrocketing from a $520 million valuation in January 2024 to $18 billion by July 2025.

Alongside its funding plans, the company has made headlines for an unsolicited $34.5 billion bid to acquire Google Chrome, positioning itself as a direct challenger in the web search and browser markets. 

This move could reshape the competitive landscape if a pending U.S. court decision forces Google to sell Chrome due to antitrust concerns.

Perplexity AI’s Meteoric Growth in the AI Search Race

Perplexity’s rise has been nothing short of remarkable. In under two years, it has:

• Increased valuation by 3,746%
• Reached $80 million in annual recurring revenue (ARR)
• Attracted 22 million monthly active users
• Expanded its suite of AI-driven search tools and launched its own AI browser, Comet

This rapid growth reflects the broader surge in AI adoption across the web search industry, where companies are racing to integrate advanced generative models, real-time data capabilities, and personalized search experiences.

The $34.5 Billion Google Chrome Bid

The proposed acquisitionz of Google Chrome by Perplexity AI comes at a critical time. The U.S. District Court is reviewing antitrust claims against Google, with the possibility of forcing it to divest Chrome.

If successful, Perplexity’s takeover could:

• Instantly secure it a dominant position in the browser market
• Allow deeper integration of AI search features into daily browsing
• Challenge Google’s grip on search and browsing ecosystems

Other interested buyers include OpenAI, Apollo Global Management, and Yahoo, indicating intense competition for control of Chrome’s massive user base.

Read Also: OpenAI, Perplexity, and Web3: How AI Agents Are Shaping the Future of Crypto

Security Challenges in the Browser Market

While acquisition talks capture headlines, the browser industry faces mounting security concerns. Recent high-profile attacks have exploited Google Chrome vulnerabilities via malicious NFT game integrations and third-party plugins.

For any company taking over Chrome, or building competing browsers like Comet, key priorities will include:

• Strengthening vulnerability patch cycles
• Enhancing plugin vetting and security audits
• Educating users on phishing and malware threats

What This Means for AI, Web3, and the Future of Browsing

The Perplexity AI story is part of a larger trend where AI, blockchain, and Web3 are converging to reshape online experiences. 

While Chrome’s future remains uncertain, the rise of AI browsers could open opportunities for integrated crypto wallets, decentralized identity systems, and blockchain-secured browsing environments.

If Perplexity succeeds in its funding round and Chrome bid, it could become a central player in the next generation of internet infrastructure.

Final Thought

Perplexity AI’s $20 billion valuation target and aggressive Chrome bid signal a new phase in the AI-driven web search race. 

Whether through acquisition or organic growth, the company is positioning itself to challenge long-standing industry giants and redefine how billions of people access the internet.

Read Also: How to Use AI for Crypto Trading: A Practical Guide

FAQ

What is Perplexity AI’s current valuation?

As of July 2025, Perplexity AI is valued at $18 billion, with plans to raise it to $20 billion in its next funding round.

Why does Perplexity want to buy Google Chrome?

Owning Chrome would give Perplexity direct control over one of the world’s most widely used browsers, enabling tighter AI search integration and market dominance.

What is the U.S. antitrust case against Google about?

The case alleges Google’s dominance in search violates antitrust laws, potentially forcing it to sell Chrome.

Has Perplexity launched its own browser?

Yes, it recently launched Comet, an AI-powered browser designed to integrate advanced search features.

How does this impact the blockchain and Web3 space?

An AI-led browser could integrate crypto wallet support, decentralized identities, and blockchain-secured transactions, bringing Web3 closer to mainstream adoption.