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I wrote about modern airguns before and whether PCP air rifles are worth the money. One topic was whether these rifles have adequate power to humanely harvest small game. This criteria rules out most air pistols, especially springers. For those who missed it, heres a rehash of each design.

Regarding springers, many of todays adult-type .177 or .22-caliber pellet guns are barrel-cocking designs. Upon discharge, a piston driven by a compressed spring generates a blast of pressurized air to expel a pellet. Inherent to the design, achieving sufficient power for humane small game hunting usually requires a large rifle. Like others, this stalwart springer is simple and reliable. But, it finally saw a time-out due to a temporary medical weight restriction. The 40-pound cocking effort became a problem.

Its discharge also creates a unique reverse-recoil impulse which can destroy a non airgun-rated optic. These dynamics can result in a hold-sensitive gun that requires consistent techniques for optimum accuracy. Greater power also requires substantial cocking effort – and the spring shouldnt remain compressed, which complicates hunting.

The latest gas-piston barrel-cockers solve the latter concern, but power still translates to size – and some advertised velocities are optimistic. On a positive note, a springer is a self-contained system.

Most of the drawbacks associated with springers disappear through pre-charged airguns. Their projectiles are expelled through release of high-pressure air from an onboard reservoir. Some big-bore .45 or .50-caliber types only provide a few shots before refilling becomes necessary.

But, a useful .22/800 fps small game hunting benchmark is easily attainable from a 6-7 pound gun capable of providing 25 shots or more. Today, many are even repeaters that feed from rotary magazines. Pricing of some PCP guns now rivals mid-grade springers. But a PCP gun does require extra gear, dependency on a fill-source, and the added expense of necessary equipment.

PCP advances aside, for those seeking a non-complicated, affordable, and self-contained airgun capable of pest control or small game hunting, a springer is still a good bet. Humane harvesting of gray squirrel-sized quarry requires a rifle with some heft and cocking effort, but many springers can achieve 800 fps (or more) using standard-weight .22-caliber pellets. With careful shooting (actually true of all airguns) thats enough punch to do the job inside 40 yards or so.

However, many serious shooters seek maximum performance and enjoy the associated technical aspects. To scratch those itches the PCP field offers an intriguing new frontier. And heres another twist; one I just encountered. While recovering from a recent surgery I was in need of some therapeutic backyard plinking.

Normally, Id just grab a hassle-free springer. Trouble was, a temporary 10-pound weight restriction rendered it useless due to the necessary cocking effort. Same story for a trusty pump-up pneumatic. No worries though. Two fully charged PCP rifles were on hand, along with an easily accessible scuba tank.

After a rejuvenate 45-shot session spent ringing small steel targets from the back deck out to 100 yards, the gun was easily recharged through a twist of the tanks knob. Operation of this intermediate-sized side-lever cocking .22-caliber PCP 10-shot repeater is nearly effortless. Its 2900 PSI reservoir provides around 40 recoil-free shots when adjusted to 800 fps. Downsides include cost and dependency on a separate air source. Pre-charged Air Rifles – The Basics

First up, pre-charged pneumatic guns operate at some serious pressures! Even the lower-pressure types hold 2000 PSI. More are charged to around 2900 PSI (often expressed as 200 BAR), but some now run at 3650/250 BAR – or even higher! Air reservoir capacities also vary, but their volume is typically expressed in cubic centimeters, which could range from 100 to 500 CCs.

Larger reservoirs and higher pressures translate to more shot per fill. Repressurizing such a gun is accomplished via a special PCP hand-pump, a scuba tank, or an airgun compressor (see below).

Usually, a short length of high pressure air (HPA) hose provides the necessary connection between the gun and its air source. The fittings can vary, depending upon the air source and the gun. This can create some confusion for new shoppers (more to follow).

As for the guns, many can be pressurized by connecting the hose to a common Foster air-tool nozzle. Using this system, a female QD fitting on the end of the hose simply snaps on to the guns male nozzle (via a spring-loaded collar). Others are filled through small port that accepts a male probe.

My Air Arms guns employ a proprietary brass collar with a corresponding fill-port. For this reason most pre-charged guns ship with the necessary fill adapter. Fortunately, nearly all utilize the common 1/8 BSPP thread pattern. How to Fill PCP Air Rifles

A PCP guns operating pressure and air capacity can have a bearing on the air source, something worth considering prior to finalizing a PCP purchase. Heres why Hand Pump

As noted in the previous post, the special PCP hand-pumps closely resemble a heavy-duty bicycle pump. The difference is their performance! They do provide total air independence, but lots of exercise will be a byproduct, making smaller-CC guns are better choices.

Accumulating water can be another concern although some incorporate moisture traps. Recently, complete PCP gun and pump packages have appeared, often priced to attract newer shooters. For more casual use in smaller guns theyll suffice, but higher-performance guns will probably need more. Especially when dealing with the latest 3500+ PSI guns, the final stages of pressurization require lots of effort.

The Hill Hand Pumps are longstanding favorites and some are now rated to deliver 4500 PSI/310 BAR! Given this level of performance, a Hills $270 price isnt that far above average costs of around $200. Most also come with a properly matched HPA hose set up for a female QD fitting and the batter ones can be rebuilt using replacement parts. Sale FOUR UNCLES High Pressure Hand Pump 4500 Psi PCP Hand Pump PCP Air Rifle (Black) ?Efficient Design?This pcp air pump with sleek stainless steel construction smooth upward and downward motion. 8mm copper female quick connector allows to withstand over 10,000 times of tear and wear, giving it an extended life.?HPA Pump with safety?The air rifle pump provide high pressure air up to 4500 psi or 40MPA. While the flexible micro-bore hose provides best performance, can bear up to 80MPA, safeguarding your safety with superior quality. $67.99 Buy on Amazon

Charging: Typically, a short length of HPA hose is connected to the pumps outlet at the bottom of the pump. The other end is attached to the gun. A pressure gauge on the pump then monitors the charging process, which is accomplished through deliberate strokes.

The idea is to use the entire upper body while flexing at the knees probably with a break or two thrown in. Recharging an empty gun could be brutal but, more often, partial depletion of shooting pressure results in less exertion. Either way, upon reaching the guns desired pressure level, a crucial step remains! Before disconnecting the hose, a small bleeder-valve must be cracked to vent potentially dangerous residual pressure.

The bleeder is usually a small brass knob located near the pumps outlet and pressure gauge. After the hose is vented it can be safely disconnected from the gun. If the hose remains attached to the pump, it can be covered with a plastic bag to ward off dust.

The pumps advantage is air independence in a reasonably-ized package (some folks also use one to augment a scuba tank when its pressure subsides). Its downside: Not everyone is up to the physical requirements. Even a smaller-sized PCP gun will probably require two or more pump-strokes per shot. Scuba Tank

My larger-volume .22-caliber Air Arms 400 FAC offers 45 useful shots at 920 fps when fully charged to 2900 PSI/200 BAR. That translates to lots of hand-pumping. Given the price of the gun and pump-related moisture concerns, for me, a tank became the logical alternative. A well-used 80 CF aluminum tank hooked up to refill this 2900 PSI/190 BAR Air Arms .22 single-shot. Each fill is good for 45 useful shots at 900+fps.

Scuba tanks come in various sizes (50-150 CF), and are built from three main materials; aluminum, steel, or carbon-fiber. The more common flat-bottom, 63 or 80 CF aluminum versions are practical corrosion-free choices, the latter weighing around 35 pounds when filled to 3000 PSI (an equivalent steel version is actually lighter due to its thinner walls).

I bought a standard aluminum 80 cubic-foot tank used at a local dive shop and eventually snagged two more, the last one for $150 (I also brought the airgun to allay liability concerns). Most metal tanks including mine employ a threaded-in K-Valve. Beyond a main on/off control knob, this part is designed to quickly connect with dive regulators. But, by attaching a different manifold (known as a yoke), an HPA hose can be connected to this part.

Carbon-fiber tanks are surprisingly light but also quite expensive. These (and fire-fighting SCBA versions) typically employ a different-type DIN-valve; a threaded heavy-duty stem. Nevertheless, most well-stocked airgun dealers inventory the necessary PCP gun adapters.

Because they have a finite DOT-regulated 15-year life, a new CF tank is the best bet. Recently, reconditioned CFs became DOT-approved, however they require 5-year inspections via a specialized Colorado-based source (which for most of us will involve shipping). Lightweight CF tank shown with a yoke and HPA hose assembly.

All-metal tanks need an annual internal visual inspection, and a more in-depth hydro-test every five years. A further concern for aluminum tanks involves its manufacture date. Those built in the U.S. after 1988 use stronger alloys to prevent neck cracking. For this reason, mine all came from a trusted dive shop with current tests.

Speaking of dive shops, assuming one is in your area, it may be well worth a visit prior to investing in a gun. Some might not be equipped to handle every fill option. Because my shops compressor cant reach the highest gun pressures (of 3500 PSI or more) any future gun shopping will be limited to 200 BAR types. But, thats adequate for me and works with my existing tanks, some of which are now quite old.

If one finally flunks its inspection, well, good enough. Meanwhile, refills cost just a few bucks and, when pressurized to around 3200 PSI with pure, moisture-free breathing air, numerous gun refills are available. Thats because I often dont shoot through the guns entire air supply. Assuming I consistently did so, Airguns Of Arizonas handy tank calculator indicates I should be good for around 13 refills from my 80 CF tank.

Since each top-off provides 45 useful shots, thats more than a tin of 500 pellets. At that point, within moments, I can transfer the yoke/hose assembly to a fully-charged spare tank. The empty can head to the dive shop when time permits. One kicker though: Right now Ill need help carrying it!

Consult the tank fill calculator before filling. K-valve and yoke assembly, ready to attach. The bleeder-knob is to the left of the pressure gauge. Note the inspection label on the tank. Yoke assembly attached. The gauge shows some pressure.

Charging: Using a common K-valve aluminum tank as an example, attachment of the necessary yoke is easily accomplished using its thumb-screw. The yokes housing also makes the perfect spot for a pressure gauge and bleeder valve. My hose is threaded into the yoke, but I couldve used a QD system identical to the fitting on its opposite end.

The male Foster-type stem of my proprietary Air Arms collar will snap into the hoses QD female fitting. The collar then slips over a nozzle on the gun where a 90 degree twist will securely lock it in place under a T-bar. Next, the knob on the scuba tank is slowly cracked to decant air. The yokes pressure gauge is carefully monitored and, since even slow filling generates heat, a short cooling pause is followed by a final top-off.

Actual fill-time is still nearly instantaneous, so the tank is opened with caution. Upon reaching (never exceeding) the operating pressure, the tanks air supply is turned off. The bleeder valve is then cracked (emitting a tell-tale hiss), and the hose is disconnected from the gun. I Leave the yoke/hose assembly connected to the tank and cover it with a plastic bag. The proprietary brass gun fitting has been attached to a QD female Foster hose fitting. It’s ready to lock onto the reservoir. Ready to refill with HPA air. The gun has been filled and the tank’s air supply has been shut off – but note the remaining pressure in the hose! Cracking the small brass bleeder knob will safely vent it prior to disconnection of the hose from the gun.

The charging accessories will add another $100 but, in my case, thanks to used tank pricing, the systems cost was comparable to a decent pump. Compressors

The standard shop-types wont work, but an airgun model will do the job for those willing to incur the expense. So far Ive resisted one, although some aficionados own a compressor because its possible to a fill scuba tank as well as a PCP gun. A few newer types are also fairly compact and easier to handle than a full-size dive tank. Umarex ReadyAIR HPA Portable Air Compressor Pump for PCP Air Rifles and Airguns The smartest portable airgun compressor in its class; Engineered and built with robust quality componentsElectronically controlled with a digital display; Programmable fill pressure allows you to fill your air rifles to their unique recommended pressure $669.99 Buy on Amazon

Prices have also decreased and some now start at around $650 but, of course, others cost much more. Some will run on AC or DC power so, ss long as you have a compatible power source, an infinite supply of filtered HP air will be available. Fill-time for an average airgun is several minutes but, of course, a tank can take longer.

Charging: The process is similar to scuba. Compressing large volumes of air can generate considerable heat which could damage the unit, so overload protection is usually incorporated. Necessary Connections

Do you need male adapters or female types, and what about fittings? The choices are a bit daunting. I wound up buying the properly matched yoke and hose from the local dive shop that sold me the scuba tank. We assembled the parts in the well-stocked store and made sure everything worked before I left.

This happened 13 years ago when PCP technologies were still obscure. Given the various tank designs, rated pressures and valve systems (K or DIN), its still not a bad approach for those contemplating the scuba route. Or, if you do your homework first, another option is a well-stocked dealer who specializes in airguns. This Air Arms system is a bit unusual. Fortunately, the necessary brass collar-fitting came with the gun. Tech Support

Today, several on-line airgun dealers make great starting points. Among them is Pyramid Air. Scrolling through their website, youll see pumps, various tanks, and compressors. Youll also see all kinds of HPA fittings and hoses, including some preassembled on pumps or scuba yokes. For what its wort, they also have an extensive airgun inventory so a phone call should point you in the right direction.

Some airgunners run multiple guns off one charging system. By using the correct QD hose fittings they quickly snap on different fill adapters. If assembling your own fill system, use Teflon tape on the threads to prevent leaks. Also, a very short hose can be inconvenient. Other Factors

Remember, the highest-pressure guns require air sources up to the task. A gun can work if charged below its maximum pressure, but its performance will be hamstrung. As mentioned above, a few hand-pumps and some compressors can get there. Todays lightweight carbon-fiber tanks can also take some serious pressure like 4500 PSI –  but youll still need a way to fully charge one.

Not all dive shops have that capability, but some fire stations may. A few airgunners even use high-pressure SCBA tanks after adding an adapter to the valve. However, beyond the gun, fittings and hoses must also be properly rated! Cautions and Concerns

High-pressure air is serious stuff. Forgetting to bleed a hose can be a memorable event. A dropped tank can turn one into a rocket; a hot trunk into a bomb! The gun wrong lubes can produce similar effects due to pressure-related heat ignition. Alternate gasses are also dangerous (some serious airgunners use nitrogen but Im staying with air). Over-pressurizing a gun is bad and can even be counterproductive.

For me and many others, velocity becomes much more consistent at a bit below maximum safe pressure. Todays increasingly popular regulated guns offer a consistent velocity spread throughout their useful charge, but even simpler non-regulated versions like mine can deliver sustained accuracy once optimum pressure parameters have been established.

A guns built-in pressure gauge (manometer) is the normal refill indicator. However, people in the know advise regulating the process using a fill sources separate gauge. There can be disparities like the fill lag Ive seen in one of Air Arms rifles. The gun’s BAR-rated gauge says it’s time for more air. The safe upper limit is 200 BAR (2900 PSI). Use the air supply’s gauge for a more accurate reading.

Dust and debris are enemies that can cause slow leaks so its best to leave pressure in the gun. I store mine fully charged (or near that level) BUT the gun remains un-cocked! Inherent to the design, determining a PCPs load status is difficult. The safest bet is to point it a safe backstop (absent a magazine for repeaters), cock it, and shoot. Unlike a springer, an occasional dry-fire (still dangerous at close range due to the HPA blast) wont damage the gun. Also, be sure to observe muzzle discipline while performing refills!

As for bore cleaning, most folks including me use a flexible pull-through system. I just use a patch lightly moistened with Break-free CLP after every tin of 500 pellets or so. The gun is inverted to prevent introduction of foreign materials into the barrels air-transfer port. The same lube will also handle exterior metal surfaces. The O-rings that mate with my fill adapter receive a sparing film of divers silicone.

Lastly, at some point, a PCP gun may develop a leak. A weak point is the internal O-rings which, despite scrupulous maintenance, could eventually dry out. Ive had that happen, but full function was restored thanks to the properly equipped dealer who sold me the gun. Much of the expense related to shipping, which can be the biggest hassle. Conclusion

At this point, a springer could sound a whole lot more attractive! That said though, the quiet and recoil-free performance of a PCP gun, coupled with typically uncanny accuracy, can make for some fascinating shooting. Quarter-size (or smaller) 50-yard groups are the norm. Ive experienced blips of inconsistent accuracy from powder-burning guns, but my air-powered pre-charged wonders always seem to be spot-on. Why? No barrel-heating or fouling perhaps.

The absence of firearms-related stigmas and hassles is also refreshing. The Feds dont regulate airgun purchases so we can even have em shipped to our doors.

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Trump’s pride vs Putin’s legacy: What to expect from pivotal Ukraine summit

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Trump's pride vs Putin's legacy: What to expect from pivotal Ukraine summit

Donald Trump and Vladimir Putin will meet for the first time in six years on Friday, with a possible deal to end the Ukraine war on the agenda.

Mr Trump has threatened “very severe consequences” if his Russian counterpart doesn’t agree to a ceasefire at the summit, being hosted at a remote US army base in snowy Anchorage, Alaska.

Follow latest updates from Ukraine war

But there are fears they will discuss a deal robbing Ukraine of the land currently occupied by Russia – something Volodymyr Zelenskyy has said he won’t accept.

Here’s what three of our correspondents think ahead of the much-anticipated face-to-face.

Putin’s legacy is at stake – he’ll want territory and more
By Ivor Bennett, Moscow correspondent

Putin doesn’t just want victory. He needs it.

Three and a half years after he ordered the invasion of Ukraine, this war has to end in a visible win for the Russian president. It can’t have been for nothing. His legacy is at stake.

So the only deal I think he’ll be willing to accept at Friday’s summit is one that secures Moscow’s goals.

These include territory (full control of the four Ukrainian regions which Russia has already claimed), permanent neutrality for Kyiv and limits on its armed forces.

I expect he’ll be trying to convince Trump that such a deal is the quickest path to peace. The only alternative, in Russia’s eyes, is an outright triumph on the battlefield.

Vladimir Putin and Donald Trump meeting in Osaka in 2019
Image:
Vladimir Putin and Donald Trump meeting in Osaka in 2019

I think Putin‘s hope is that the American president agrees with this view and then gives Ukraine a choice: accept our terms or go it alone without US support.

A deal like that might not be possible this week, but it may be in the future if Putin can give Trump something in return.

That’s why there’s been lots of talk from Moscow this week about all the lucrative business deals that can come from better US-Russia relations.

The Kremlin will want to use this opportunity to remind the White House of what else it can offer, apart from an end to the fighting.

Read more:
What could Ukraine be asked to give up?
Trump-Putin summit starting to feel quite ‘Midnight Sun’

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What will Kyiv be asked to give up?

Ukraine would rather this summit not be happening
By Dominic Waghorn
, international affairs editor

Ukraine would far rather this meeting wasn’t happening.

Trump seemed to have lost patience with Putin and was about to hit Russia with more severe sanctions until he was distracted by the Russian leader’s suggestion that they meet.

Ukrainians say the Alaska summit rewards Putin by putting him back on the world stage.

But the meeting is happening, and they have to be realistic.

Most of all, they want a ceasefire before any negotiations can happen. Then they want the promise of security guarantees.

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Does Europe have any power over Ukraine’s future?

That is because they know that Putin may well come back for more even if peace does break out. They need to be able to defend themselves should that happen.

And they want the promise of reparations to rebuild their country, devastated by Putin’s wanton, unprovoked act of aggression.

There are billions of Russian roubles and assets frozen across the West. They want them released and sent their way.

What they fear is Trump being hoodwinked by Putin with the lure of profit from US-Russian relations being restored, regardless of Ukraine’s fate.

US Army paratroopers train at the military base where discussions will take place. File pic: Reuters
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US Army paratroopers train at the military base where discussions will take place. File pic: Reuters

That would allow Russia to regain its strength, rearm and prepare for another round of fighting in a few years’ time.

Trump and his golf buddy-turned-negotiator Steve Witkoff appear to believe Putin might be satisfied with keeping some of the land he has taken by force.

Putin says he wants much more than that. He wants Ukraine to cease to exist as a country separate from Russia.

Any agreement short of that is only likely to be temporary.

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Zelenskyy: I told Trump ‘Putin is bluffing’

Trump’s pride on the line – he has a reputation to restore
By
Martha Kelner, US correspondent

As with anything Donald Trump does, he already has a picture in his mind.

The image of Trump shaking hands with the ultimate strongman leader, Vladimir Putin, on US soil calls to his vanity and love of an attention-grabbing moment.

There is also pride at stake.

Joint Base Elmendorf-Richardson in Alaska, where Trump will meet his Russian counterpart. File pic: Reuters
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Joint Base Elmendorf-Richardson in Alaska, where Trump will meet his Russian counterpart. File pic: Reuters

Trump campaigned saying he would end the Russia-Ukraine war on his first day in office, so there is an element of him wanting to follow through on that promise to voters, even though it’s taken him 200-plus days in office and all he’s got so far is this meeting, without apparently any concessions on Putin’s end.

In Trump’s mind – and in the minds of many of his supporters – he is the master negotiator, the chief dealmaker, and he wants to bolster that reputation.

He is keen to further the notion that he negotiates in a different, more straightforward way than his predecessors and that it is paying dividends.

So far, despite sanctions on Russia, despite warnings and deadlines, the situation in Ukraine is only getting worse.

He’s hoping that this meeting, simply the act of sitting down with Putin, can change the tide.

The Russian president may have different ideas.

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Trump’s targets for Putin summit appear fluid – can he even get a ceasefire?

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Trump's targets for Putin summit appear fluid - can he even get a ceasefire?

The “if” was doing some heavy lifting.

Mr Trump floated the idea of a second meeting, this one between Putin, Zelenskyy and possibly himself, “if” the Alaska summit goes well.

Speaking to European leaders earlier, in a virtual call he rated at “10” and “very friendly”, he’d shared his intention to try to broker a ceasefire on Friday.

So, the strategy is crystallising – he will press for a trilateral meeting to discuss territory “if” he manages to secure a truce during the bilateral meeting.

But that begs the obvious question: what if he can’t?

The US president is keeping his options open – rating the chance of a second meeting as “very good” but preparing the ground for failure too.

“There may be no second meeting because if I feel that it is not appropriate to have it because I didn’t get the answers that we have to have, then we’re not going to have a second meeting,” he said.

More on Russia

Unusually, given how often he talks about his abilities, he conceded that he may not persuade Vladimir Putin to stop targeting civilians.

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Sky’s defence analyst, Prof Michael Clarke, looks at what land Ukraine might be asked to give up when Donald Trump meets Vladimir Putin on Friday in Alaska.

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Trump’s threat to Putin – Ukraine latest
What could Ukraine be asked to give up?
Sky News’ Ukraine Q&A

But without elaborating on what any sanctions might be, he warned that Russia would face “very severe consequences” if it doesn’t end the war.

Even if he achieves the seemingly impossible – a halt to the fighting – there seems little chance of agreement on any swapping of territory.

A BTR-4 armoured personnel carrier during military exercises in Kharkiv region.
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A BTR-4 armoured personnel carrier during military exercises in Kharkiv region.

Mr Zelenskyy has told Mr Trump that Putin “is bluffing” and wants to “push forward along the whole front” not return land.

In the space of a week, Donald Trump has gone from talking about a land-swapping deal, to a “listening exercise”, to the potential for a ceasefire.

His expectations appear changeable, an indication of how fluid back-room negotiations are in the run-up to his first face-to-face with Vladimir Putin in six years.

He described Friday’s summit as “setting the table for a second meeting”, but that’s presumptuous when the meal – or deal – isn’t cooked yet.

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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including the likes of Apple and Google over antitrust concerns. Photographer: Damian Lemanski/Bloomberg via Getty Images

Damian Lemanski | Bloomberg | Getty Images

Perplexity AI’s bid on Tuesday to buy Google’s Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO.

Even if analysts aren’t taking the offer very seriously, Perplexity’s move marks a turning point. It’s the first time an outside party has made such a public and specific effort to strip out a key piece of Google, which is currently awaiting a judge’s decision on whether it must take significant divestiture steps following a ruling last year that the company has held a monopoly in its core search market.

The ruling was widely viewed as the most important antitrust decision in the tech industry since the case against Microsoft more than two decades ago. The U.S. Department of Justice, which filed the landmark case against Google in 2020, indicated after its victory in court that it was considering a possible breakup of Google as an antitrust remedy.

Soon after that, the DOJ explicitly called for Google to divest Chrome to create a more equal playing field for search competitors. As is, Google bundles search and other services into Chrome and preinstalls the browser on Chromebooks. Google Legal Chief Kent Walker said in response to the DOJ that its “approach would result in unprecedented government overreach” and would harm the country’s effort to maintain economic and tech leadership.

With the remedies decision expected this month, investors have a lot to consider regarding the future value of Google and parent Alphabet. The company is shelling out tens of billions of dollars a year on artificial intelligence infrastructure and AI services while facing the risk that consumers will be spending a lot less time on traditional search as ChatGPT and other AI-powered alternatives provide new ways to access information.

But while Alphabet still counts on search-related ads for the majority of its revenue, the company has been diversifying over the past decade. October will mark 10 years since the creation of Alphabet as a holding company, with Google as its prime subsidiary.

“This new structure will allow us to keep tremendous focus on the extraordinary opportunities we have inside of Google,” co-founder Larry Page said in a blog post at the time.

Page moved from CEO of Google to become chief executive of Alphabet, promoting Sundar Pichai, who had been a senior vice president in charge of internet businesses, to run Google. Four years later, Pichai replaced Page as Alphabet CEO.

On Pichai’s watch, Alphabet’s market cap has jumped more than 150% to $2.5 trillion. With an increasingly dominant position on the internet, Pichai and team have had to continue looking for growth areas, particularly in AI, while simultaneously fending off an aggressive set of regulators in the U.S. and Europe.

Analysts have taken the opportunity to place estimated values on Alphabet’s various businesses, partly in the event that the company is ever forced into drastic measures. Some have even suggested it could be a good thing for shareholders.

“We believe the only way forward for Alphabet is a complete breakup that would allow investors to own the business they actually want,” analysts at D.A. Davidson have written in a series of notes this year.

Alphabet didn’t respond to a request for comment.

Here’s a breakdown of how some analysts value Alphabet’s top non-search assets:

Chrome

Perplexity offers $34.5 billion for Google Chrome

The browser is key to Alphabet’s ad business, which uses data from Chrome to help with targeted advertisements. Google originally launched Chrome in 2008 as an effort to “add value for users and, at the same time, help drive innovation on the web.”

Perplexity’s offer doesn’t stack up to analyst estimates, but it’s still much higher than Perplexity’s own valuation, which reached $18 billion in July. Perplexity, which is best known for its AI-powered search engine that gives users simple answers to inquiries, said investors are on board to foot the bill. However, the company didn’t name the prospective backers.

Barclays analysts called the possibility of a Chrome divestiture a “black swan” risk, warning of a potential 15% to 25% drop in Alphabet’s stock should it occur. They estimate that Chrome drives around 35% of Google’s search revenue.

If a deal for Chrome is on the table, analysts at Raymond James value the browser at $50 billion, based on 2.25 billion users and Google’s revenue share agreements with phone manufacturers that preinstall Chrome on devices.

That’s inline with where Gabriel Weinberg, CEO of rival search company DuckDuckGo, values Chrome. Weinberg, who testified in the antitrust trial, said in April that Chrome could be sold for up to $50 billion if a spinout was required. Weinberg said his estimate was based on “back-of-the-envelope” math, looking at Chrome’s user base.

Bob O’Donnell of market research firm TECHnalysis Research, cautioned that Chrome is “not directly monetizable,” because it serves as a gateway and that it’s “not clear how you measure that from a pure revenue-generating perspective.”

Google Cloud

A person takes a photo of the Google Cloud logo, during the 2025 Mobile World Congress (MWC) in Barcelona, Spain, March 4, 2025. 

Albert Gea | Reuters

Google’s cloud unit, which is third in the cloud infrastructure market behind Amazon Web Services and Microsoft Azure, is one of Alphabet’s key growth engines and its biggest business outside of digital advertising.

Google began its big push into the market about a decade ago, even though it officially launched what was called the Google Cloud Platform (GCP) in 2011. The unit was rebranded as just Google Cloud in 2016.

Like AWS and Azure, Google Cloud generates revenue from businesses ranging from startups to large enterprises that run workloads on the company’s servers. Additionally, customers pay for products like Google Workspace, the company’s suite of productivity apps and collaboration tools.

In 2020, Google began breaking out its cloud business in financial statements, starting with revenue. In the fourth quarter of 2020, the first time Google included profit metrics for the unit, it recorded an operating loss of $1.24 billion.

The business turned profitable in 2023, and is now generating healthy margins. In the second quarter of 2025, Google reported an operating profit for the cloud business of $2.8 billion on revenue of $13.6 billion. Demand is so high that the company’s cloud services now have a backlog, a measure of future committed revenue, of $106 billion, CFO Anat Ashkenazi said on the earnings call.

In March, Google agreed to acquire cloud security vendor Wiz for $32 billion, the company’s largest deal ever.

Analysts at Wedbush Securities value Google’s cloud at $602 billion, while TD Cowen in May put the number at about $549 billion. For Raymond James, the valuation is $579 billion.

D.A. Davidson analysts, who have the highest ascribed valuation at $682 billion, and TD Cowen analysts note that while Google still trails AWS and Azure, it’s growing faster than Amazon’s cloud business and has the potential for a premium valuation. That’s based on its AI infrastructure, strong data analytics stack, and ability to capture more enterprise business.

It would be “one of the best standalone software stocks,” D.A. Davidson analysts wrote in July.

YouTube

A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025.

Mat Hayward | Variety | Getty Images

Google’s $1.65 billion purchase of YouTube in 2006 is generally viewed as one of the best acquisitions ever by an internet company, alongside Facebook’s $1 billion deal for Instagram in 2012.

YouTube is the largest video site on the web and a big part of Google’s ad business. In the second quarter, YouTube ad revenue increased 13% to $9.8 billion, accounting for 14% of Google’s total ad sales.

Valuation estimates vary tremendously.

Dubbing it the “new king of all media,” MoffettNathanson values YouTube at between $475 billion and $550 billion, arguing that it’s larger and more powerful than any other player in Hollywood. At the top end of that range, YouTube would be worth about 22% of all of Alphabet.

YouTube recently overtook Netflix, which has a market cap of $515 billion, as the top streaming platform in terms of audience engagement.

TD Cowen analysts ascribe a much lower valuation at $271 billion. The firm notes that it’s one of six Google products with more than 2 billion monthly users, along with search, Google Maps, Gmail, Android and Chrome. Raymond James says YouTube is worth $306 billion.

For 2024, YouTube was the second-largest media company by revenue at $54.2 billion, trailing only Disney. The platform earns revenue from advertising and subscriptions.

The TD Cowen analysts said in May that they expect ad revenue to climb about 14% this year, and they expect the unit to maintain a double-digit growth rate. There’s also a fast-growing subscription side that includes YouTube TV, music and NFL Sunday ticket.

Waymo

Waymo begins testing self-driving cars with human drivers in New York and Philadelphia

Alphabet’s self-driving car company, Waymo, is by far its most high-profile success so far outside of Google.

Waymo currently operates the largest commercial autonomous ride-hailing fleet in the U.S., with more than 1,500 cars and over 100 million fully driverless miles logged. Rivals like Tesla and Amazon’s Zoox are still mostly at the testing phase in limited markets.

When Alphabet was formed as Google’s parent company, it created an “Other Bets” category to include businesses that it liked to call “moonshots,” a term that had already made its way into Google lexicon.

“We won’t become complacent, relying solely on small tweaks as the years wear on,” the company wrote in its 2014 annual report, describing its moonshot projects.

Waymo was spun out of Google in 2016 to join Other Bets, which on the whole is still losing billions of dollars a year. In the second quarter, Alphabet recorded a loss for the category of $1.2 billion on $373 million in revenue.

In its most recent funding round in November, Waymo was valued at $45 billion. The transaction included outside investors Andreessen Horowitz, Tiger Global, Silver Lake, Fidelity and T. Rowe Price. 

Some analysts see the unit worth many multiples of that now. D.A. Davidson analysts estimated the valuation at $200 billion or more earlier this month. Oppenheimer assigned a base case valuation of $300 billion, on the assumption that it generates $102 billion in adjusted earnings by 2040.

Raymond James values Waymo at $150 billion, with a prediction that rides per week will reach 1.4 million in 2027 and climb to 5.8 million by 2030. TD Cowen estimated Waymo’s enterprise mid-point value at $60 billion.

Waymo says it now conducts more than 250,000 paid weekly trips in the markets where it operates commercially, including Atlanta, Austin, Los Angeles, Phoenix and San Francisco. The company said it would be expanding to Philadelphia, Dallas and elsewhere.

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