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.

The unsolicited all-cash offer is significantly higher than Perplexity's current estimated $18 billion valuation. Here's why it's probably a stunt.

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.