From the BBC :

Google is launching an open source web browser to compete with Internet Explorer and Firefox. The browser is designed to be lightweight and fast, and to cope with the next generation of web applications that rely on graphics and multimedia. Called Chrome, it will launch as a beta for Windows machines in 100 countries, with Mac and Linux versions to come.

Google has a suite of web apps, such as Documents, Picasa and Maps which offer functionality that is beginning to replace offline software.

"What we really needed was not just a browser, but also a modern platform for web pages and applications, and that's what we set out to build," Mr Pichai, VP Product Management, wrote.

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