According to a new report, Perplexity AI is set for another fundraise, this time at a $20 billion valuation, a move that comes on the heels of its bid to buy Google Chrome.

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.

In one of the boldest tech moves of the year, Perplexity AI has reportedly made a $34.5 billion all-cash offer to acquire Google’s Chrome browser — a deal that could seriously change the web browser market.