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 headlines this week when the artificial intelligence startup said it had offered to buy Google’s Chrome, the world’s largest internet browser, for a price amounting to nearly double its valuation.

Perplexity AI, the high-flying A.I. startup founded by former Google intern Aravind Srinivas , has made a bold all-cash offer of $34.5 billion to acquire Google’s Chrome browser, Reuters reported. The bid is nearly twice Perplexity’s own valuation and would require significant external financing.