Perplexity AI bids to merge with TikTok US: Report
- Perplexity AI submitted a bid to merge with TikTok U.S. On Saturday, aiming to form a new entity with ByteDance and new capital partners, as reported by CNBC.
- The proposed merger could exceed $50 billion, depending on ByteDance shareholders' decisions, according to sources familiar with the matter.
- Donald Trump is expected to extend TikTok's deadline by 90 days to facilitate a deal, as stated by Dan Ives on X.
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AI startup Perplexity AI proposes merger with TikTok U.S. in bid to reshape online content landscape - Tech Startups
AI search engine startup Perplexity AI has submitted a proposal to merge with TikTok U.S., according to a report from CNBC, citing an anonymous source familiar with the matter. The bid was reportedly made on Saturday to ByteDance, the Chinese […] The post AI startup Perplexity AI proposes merger with TikTok U.S. in bid to reshape online content landscape first appeared on Tech Startups.
Jeff Bezos-Backed Perplexity Reportedly Makes $50 Billion Move To Merge With TikTok, But Elon Musk's X Remains This Analyst's Favorite Bidder - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Jeff Bezos-backed Perplexity AI has reportedly submitted a $50 billion bid to merge with TikTok U.S., aiming to create a new entity with ByteDance's investors retaining stakes while boosting Perplexity's video capabilities.
US company Perplexity AI may merge with Tiktok's US division
MOSCOW: THE US company Perplexity AI, known for its AI-powered search engine, has reportedly filed a proposal with ByteDance, the Chinese owner of TikTok, to merge with TikTok’s US division, according to Sputnik/RIA Novosti, citing CNBC News and an unnamed source. © New Straits Times Press (M) Bhd
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