Artificial intelligence search company Perplexity has made an unsolicited, $34.5 billion offer to purchase Google’s Chrome browser, a surprise move by a Google Search challenger that’s looking to upend how people find information online.

Perplexity's $34.5 billion bid to acquire Chrome from Google made headlines worldwide. Discover, Instagram, X — you just couldn't miss the headline, it was everywhere. However, there's a different company that's already outbidding perplexity, and it has mostly gone under the radar.

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.