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Perplexity AI Bids for TikTok U.S. Merger

  • Perplexity AI submitted a bid to merge with TikTok U.S., aiming to avoid a potential ban by the Biden administration.
  • The proposal includes combining Perplexity with New Capital Partners, allowing ByteDance investors to retain their stakes.
  • This strategic move by Perplexity highlights its confidence in a merger rather than a sale, leveraging its advanced search tools and large language models.

Source: Reuters

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6mo ago
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