August 13, 2025

finance  
google, openai and palantir Updates

The AI landscape is buzzing with activity, from potential acquisitions to impressive revenue growth. Perplexity AI has made a bold $34.5 billion offer to acquire Google's Chrome browser, a move that would give them access to Chrome's billions of users and potentially address antitrust concerns surrounding Google. Perplexity plans to invest $3 billion over two years into Chrome if the deal goes through, keeping its code open source. Other companies like OpenAI and Yahoo have also expressed interest in Chrome. Meanwhile, DigitalOcean is seeing its AI investments pay off, with AI-related revenue more than doubling after acquiring AI startup Paperspace in 2023. IBM is also making strides, booking over $7.5 billion in AI-related business through its watsonx platform and expecting revenue to grow by at least 5% in 2025. Palantir is experiencing rapid growth, with revenue up 48% in the second quarter of 2025. CoreWeave, a cloud platform provider for AI, exceeded revenue expectations, reporting $1.21 billion in the second quarter, although a net loss caused shares to drop. JPMorgan raised CoreWeave's stock price target to $135.00, highlighting the company's long-term AI growth potential. CoreWeave also secured a five-year deal with OpenAI for AI data centers worth $11.9 billion. The AI infrastructure market is booming, with projections reaching $394.46 billion by 2030. Applied Digital reported a 41% revenue increase and announced 250MW AI Data Center Leases With CoreWeave. GeonatIQ launched an AI engine for the EU carbon market, valued at \u20ac781 billion, while AI companion apps are predicted to generate $120 million in revenue in 2025. Artificial Intelligence Technology Solutions, Inc. anticipates profitability in Q2 FY 2026, driven by a one-time accounting gain and strong Q1 results. South Korea's telcos are investing in an AI startup fund, and DE-CIX anticipates AI will drive the need for edge infrastructure.

Key Takeaways

  • Perplexity AI offered Google $34.5 billion for the Chrome browser, aiming to leverage its user base for AI search technology.
  • Perplexity AI plans to invest $3 billion over two years into Chrome if its $34.5 billion acquisition is successful.
  • DigitalOcean's AI-related revenue more than doubled after acquiring AI start-up Paperspace and launching its Gradient AI platform.
  • Palantir's revenue grew by 48% in the second quarter of 2025, indicating strong growth in the AI sector.
  • IBM has booked over $7.5 billion in AI-related business through its watsonx platform.
  • CoreWeave's second-quarter revenue reached $1.21 billion, surpassing expectations due to high demand for AI cloud services.
  • JPMorgan raised CoreWeave's stock price target to $135.00, citing the company's long-term AI growth potential.
  • CoreWeave secured a five-year deal with OpenAI for AI data centers valued at $11.9 billion.
  • The AI infrastructure market is projected to reach $394.46 billion by 2030, signaling significant growth in the sector.
  • AI companion apps are expected to generate $120 million in revenue in 2025.

Perplexity AI offers Google $34.5B for Chrome browser

Perplexity AI, an AI startup, made a $34.5 billion offer to buy Google's Chrome browser. This offer is higher than Perplexity's own value. The company is trying to get Chrome's billions of users to help with its AI search technology. Other companies like OpenAI and Yahoo have also shown interest in Chrome. Perplexity promises to keep Chrome's code open source and invest $3 billion over two years if the deal goes through.

Perplexity bids to buy Chrome from Google for $34.5 Billion

Perplexity AI offered to buy Google's Chrome browser for $34.5 billion. This offer comes as Google faces a possible antitrust ruling that could force them to sell Chrome. Perplexity says the deal would help satisfy antitrust concerns. Google has not said they want to sell Chrome and would be harmed if forced to sell. The Justice Department sued Google in 2020, saying it used unfair tactics to stay dominant in search and advertising.

AI startup Perplexity offers $34.5B to buy Google Chrome

Perplexity AI has offered $34.5 billion to buy Google Chrome. If Alphabet accepts, this deal would give Perplexity access to Chrome's three billion users. Perplexity has raised $1 billion from investors like SoftBank and Nvidia. They promise to keep Chrome's code open source and not change the default search engine. Other companies like OpenAI and Yahoo have also shown interest in buying Chrome.

Perplexity AI offers Google $34.5B for Chrome browser

Perplexity, an AI startup, has offered $34.5 billion for Google's Chrome browser. This offer is more than Perplexity's estimated value of $18 billion. The offer comes as Google faces a possible antitrust ruling that could force it to sell Chrome. Google says a forced sale would hurt its business and national security. Some analysts think a forced sale is unlikely.

Perplexity AI bids $34.5 billion for Google's Chrome browser

Perplexity AI offered $34.5 billion for Google's Chrome browser. This offer is much higher than Perplexity's own value. Perplexity is trying to get Chrome's billions of users to help with its AI search technology. Other companies like OpenAI and Yahoo have also shown interest in Chrome. Perplexity promises to keep Chrome's code open source and invest $3 billion over two years.

DigitalOcean stock soars as AI platform revenue doubles

DigitalOcean's investments in AI are starting to show results. The company's AI-related revenue more than doubled in the second quarter. DigitalOcean offers a cloud computing platform and acquired AI start-up Paperspace in 2023. Their new Gradient AI platform helps customers build AI agents. The company's stock price jumped nearly 29% after the earnings report.

Figma or Palantir which AI stock could make you a millionaire

Figma and Palantir are two AI stocks that could potentially make investors a lot of money. Figma is smaller with a market cap of around $40 billion, while Palantir's is about $440 billion. Palantir is growing faster, with revenue growth of 48% in the second quarter of 2025. Palantir's 'Rule of 40' score is 94%, which is very high for software companies. Palantir's opportunity appears to be larger than Figma's.

IBM stock undervalued with strong AI business

IBM is doing well in the AI industry, focusing on providing solutions to businesses. The company has booked over $7.5 billion in AI-related business. IBM's watsonx platform provides software tools for clients to develop AI applications. IBM's AI strategy focuses on helping companies reduce costs and improve efficiency. IBM expects its revenue to grow by at least 5% in 2025.

Wall Street's top 10 AI stocks to watch

China wants the U.S. to ease export controls on AI chips as part of a trade deal. The U.S. controls are affecting Chinese companies' ability to develop their own AI chips. C3.ai, Inc. is an enterprise AI software company. CoreWeave, Inc. is a cloud platform provider for AI and computing purposes. JPMorgan analyst Mark Murphy raised the price target on CoreWeave stock to $135.00.

J.P. Morgan raises CoreWeave's price target before Q2 report

JPMorgan analyst Mark Murphy increased CoreWeave's stock price target to $135.00. Murphy is optimistic about the cloud computing stock's future. CoreWeave secured a five-year deal with OpenAI for AI data centers worth $11.9 billion. CoreWeave's long-term AI growth is clear, but the timing of large bookings can cause volatility in the stock. CoreWeave is a cloud platform provider for AI and other computing purposes.

AI Technology Solutions expects Q2 profitability

Artificial Intelligence Technology Solutions, Inc. expects to be profitable in Q2 FY 2026. This is mainly due to a one-time accounting gain from settling $4.5 million in debt for less than 10% of what was owed. The company had strong results in Q1 FY 2026, with a 57% revenue increase. The company focuses on AI-driven security and productivity solutions through its subsidiary Robotic Assistance Devices, Inc. (RAD).

GeonatIQ launches AI engine for EU carbon market

GeonatIQ has launched a new AI system to forecast prices in the EU carbon market. The EU Emissions Trading System (EU ETS) is worth €781 billion. The AI engine helps traders, companies, and policymakers understand the market. It provides data-driven insights and scenario planning for the next 1-9 months. GeonatIQ will also launch its Carbon LLM in Q4, which will analyze regulatory news and market signals.

WOW! sold, AI investment in South Korea, DE-CIX

US broadband provider WOW! is being sold to investment firms for $1.5 billion. South Korea's telcos are investing in an AI startup fund. DE-CIX expects AI to drive the need for edge infrastructure to reduce latency. DigitalBridge Investments and Crestview Partners are buying WOW! and plan to invest in its networks. South Korea's major mobile operators are teaming up with the government to invest in AI startups.

AI companion apps to generate $120M in 2025

AI companion apps are expected to generate $120 million in revenue in 2025.

CoreWeave beats revenue estimates, shares drop on net loss

CoreWeave exceeded quarterly revenue expectations due to high demand for AI cloud services. The company operates 33 AI data centers in the U.S. and Europe. CoreWeave's second-quarter revenue was $1.21 billion, beating estimates. However, a larger-than-expected net loss caused shares to drop 10%. The company expects annual revenue between $5.15 billion and $5.35 billion.

AI revolution drives demand for digital infrastructure stocks

The AI infrastructure market is expected to reach $394.46 billion by 2030. New Era Energy & Digital, Inc. is transforming into a vertically integrated energy supplier for digital infrastructure. The company is developing Texas Critical Data Centers, a 1 gigawatt AI and high-performance computing campus. Applied Digital Corporation reported a 41% increase in revenue, driven by AI infrastructure demand. Applied Digital also announced 250MW AI Data Center Leases With CoreWeave.

Sources

Perplexity AI Google Chrome AI search technology Antitrust Open Source DigitalOcean AI platform Paperspace Gradient AI Figma Palantir AI stocks IBM watsonx AI solutions C3.ai CoreWeave AI chips AI data centers OpenAI AI Technology Solutions Robotic Assistance Devices GeonatIQ AI engine EU carbon market Carbon LLM AI startup fund AI companion apps AI cloud services AI infrastructure Digital infrastructure Texas Critical Data Centers AI Cloud Computing Revenue Stock