Perplexity AI bids to merge with TikTok US: Reports
Perplexity AI asked TikTok's Chinese parent company, ByteDance, on Saturday to allow the U.S. search engine startup to merge with TikTok U.S. and create a new entity combining them and New Capital Partners, CNBC reported.
Budget with ET
Before Budget, Raghuram Rajan is worried about the big Indian middle class
How cities can drive India's sustainable urban development goal forward
Budget 2025 needs to help global electronic makers plan life outside China
TikTok faces a U.S. ban starting on Sunday if it does not cut ties with ByteDance, although President-elect Donald Trump said on Saturday he would likely give the short-video social-media platform a 90-day reprieve on Monday.
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 report said, citing an unnamed source familiar with the situation.
Perplexity AI and TikTok did not immediately respond to requests for comment. New Capital Partners could not be immediately reached.
Perplexity AI believes its bid may succeed since the proposal is a merger rather than a sale, the report added.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By —
