Perplexity AI proposes a merger with TikTok US, aiming to reshape AI and social media as TikTok faces scrutiny. Discover the stakes and future impact!
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The AI-powered search engine, Perplexity AI, has bid to merge with TikTok US amidst looming regulatory challenges.
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TikTok must sever ties with its Chinese parent, ByteDance, or face a ban in the United States starting Sunday.
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The merger would allow ByteDance investors to retain stakes while shifting TikTok US operations to Perplexity AI.
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President Trump has granted TikTok 90 days to transform into a US-based company.
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TikTok CEO Shou Zi Chew thanked President Trump for his efforts to find a solution that keeps TikTok operational in the US.
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TikTok US is valued at $50 billion, while Perplexity AI’s latest valuation stands at $9 billion.
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ByteDance is reluctant to sell TikTok US outright but may consider a merger on favorable terms.
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Backed by Jeff Bezos and other major investors, Perplexity AI is positioning itself as a Google alternative.
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A merged entity could revolutionize social media and AI, creating new opportunities for both industries.
While the proposed merger is ambitious, it will take months to finalize, if approved. Stay tuned for updates!
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