Perplexity AI bids to merge with TikTok US, source says

Perplexity AI خبریں

Perplexity AI bids to merge with TikTok US, source says
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It would allow for most of ByteDance’s existing investors to retain their equity stakes

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

The new structure proposed by Perplexity would allow for most of ByteDance’s existing investors to retain their equity stakes and would bring more video to Perplexity, the source said, requesting anonymity because the matter is confidential. Perplexity AI believes its bid may succeed since the proposal is a merger rather than a sale, the person said.

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