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Perplexity AI offers $34.5 billion for Google Chrome

Perplexity AI bids $34.5 billion for Google’s Chrome to challenge search dominance amid ongoing antitrust scrutiny

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Perplexity AI bids $34.5 billion for Google’s Chrome to challenge search dominance amid ongoing antitrust scrutiny

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In Short:
– Perplexity plans to acquire Google’s Chrome for $34.5 billion, surpassing its estimated $18 billion valuation.
– Judge Mehta is evaluating potential remedies in Google’s antitrust case, which may affect the Chrome sale decision.
Artificial intelligence startup Perplexity has proposed acquiring Google’s Chrome browser for $34.5 billion, significantly exceeding its estimated valuation of $18 billion.
According to The Wall Street Journal, the offer has garnered backing from several major venture-capital investors.Banner

Estimates vary on Chrome’s enterprise value, ranging from $20 billion to $50 billion.

U.S. District Judge Amit Mehta is currently considering whether to mandate the sale of Chrome as part of antitrust remedies against Google, which was found to have monopolised the search market.

Perplexity’s acquisition bid also appears to be a signal to the judge about market interest.

In its letter to Alphabet’s chief executive Sundar Pichai, Perplexity stated its intent to support Chromium, maintain Google as the default search engine, and offer an independent operation for Chrome.

Market Implications

The Justice Department’s antitrust case against Google, filed in 2020, seeks to challenge its dominant position in the market. Analysts suggest Judge Mehta may be hesitant to enforce a sale, as he continues deliberating potential remedies that could enhance competition.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

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Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.


Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy


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