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.

AI startup Perplexity said it made a formal offer to acquire Google’s Chrome browser for $34.5 billion, in anticipation of requirements that may be imposed on the search giant in antitrust proceedings.