Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, according to a person with knowledge of the matter. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci,

Even if temporary, the unprecedented shutdown of TikTok will have an impact on U.S.-China relations, domestic politics, the social-media marketplace and millions of Americans who depend on the app.

The deadline for compliance with a US law requiring ByteDance to either sell TikTok or face a ban is set for 19 January 2025. However, President-elect Donald Trump has suggested a possible 90-day extension to allow further negotiations.

Artificial Intelligence backed search engine Perplexity AI has submitted a bid with TikTok parent company Bytedance to merge with TikTok US, according to a Reuters report. Reportedly, Perplexity AI would merge with TikTok US and create a new entity called New Capital Partners.

Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,

TikTok is an AI app. Not an “ask a bot to do your homework” kind of AI app, but an AI app all the same: Its algorithm processes and acts upon huge amounts of data to keep users engaged. Without that fundamental, freakishly well-tuned technology, TikTok wouldn’t really be anything at all—just another video or shopping platform.

U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans told Reuters.

The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill. The move follows a Friday Supreme Court ruling that upheld the decision

TikTok went dark in the United States on Sunday as millions of dismayed users found themselves barred from the popular app, with President-elect Donald Trump vowing to seek a reprieve.

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According to a Jan. 19 report by CNBC, Perplexity AI just made a massive bid to merge with TikTok’s US operations. The AI startup, which grew from a $500 million valuation at the start of 2024 to $9 billion by the end of it,