This is a troll right by Aravind? $34B is nearly double the valuation of Perplexity. I find it hard to believe so called “multiple investment funds” agreed to pony up that much cash. Kind of childish by Aravind.
It's the same sort of confusion many people have about Google paying Apple. It's not just for the default position, it's a revenue-share for the ads seen by Apple users on Google's properties. Nobody has the same potential.