Reported about 6 hours ago
Perplexity AI has submitted a bid to merge with TikTok's US unit, as it seeks to capitalize on TikTok's vast user base and data for its AI-driven search engine. This move comes amidst challenges faced by TikTok, including a law requiring its parent company, ByteDance, to find a buyer for its US operations or face shutdown due to national security concerns. The proposed merger could reshape the landscape for both companies, despite the complexities involved in such a deal.
Source: YAHOO