AI company Perplexity bids to merge with TikTok to avoid ban: report

AI company Perplexity bids to merge with TikTok to avoid ban: report

Artificial intelligence (AI) company Perplexity AI has bid to merge with TikTok U.S., so the video sharing platform can avoid being banned in the country, according to a report. 

The bid, made to the platform’s Chinese parent company, ByteDance, would merge Perplexity AI, TikTok U.S. and new capital partners and would allow most ByteDance investors to keep their equity stakes, CNBC reported, citing…

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