AI startup Perplexity's valuation rose to $20 billion in fresh funding talks. It's a $2 billion jump from its last fundraise in July.

CNBC's MacKenzie Sigalos reports on news regarding Perplexity.

Artificial intelligence search startup Perplexity AI Inc. is reported to be seeking to raise new funding on a $20 billion valuation, a month after the company last raised $100 million on an $18 billion valuation.

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's $34.5 billion bid for Google's Chrome highlights a significant shift in tech, with browsers becoming key players in AI dominance. As AI firms view browsers as direct access points, the traditional role of search engines may be challenged,

The multi-billion-dollar bid is a long shot, but if it worked, it could bring powerful AI features to billions of browsers