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Perplexity AI submits bid to merge with TikTok
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to merge with TikTok US. The source also confirmed other details about the bid — that it would create a new entity combining Perplexity, TikTok US, and new equity partners; that most investors in TikTok’s parent company ByteDance would be able to retain their equity; and that by merging, Perplexity hopes to bring more video to its AI search engine.
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