Artificial Intelligence backed search engine Perplexity AI has submitted a bid with TikTok parent company Bytedance to merge with TikTok US, according to a Reuters report. Reportedly, Perplexity AI would merge with TikTok US and create a new entity called New Capital Partners.

Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, according to a person with knowledge of the matter. Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci,

TikTok stopped working for its 170 million American users late on Saturday before a law shutting it down on national security grounds took effect on Sunday, but a day before his inauguration, President-elect Donald Trump said "SAVE TIKTOK!

Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,

TikTok is an AI app. Not an “ask a bot to do your homework” kind of AI app, but an AI app all the same: Its algorithm processes and acts upon huge amounts of data to keep users engaged. Without that fundamental, freakishly well-tuned technology, TikTok wouldn’t really be anything at all—just another video or shopping platform.

But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.

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

The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill. The move follows a Friday Supreme Court ruling that upheld the decision

According to a Jan. 19 report by CNBC, Perplexity AI just made a massive bid to merge with TikTok’s US operations. The AI startup, which grew from a $500

Millions of TikTok users in the United States are no longer able to watch videos on the social media platform as a federal ban on the immensely popular app takes

“A law banning TikTok has been enacted in the U.S. Unfortunately, that means you can’t use TikTok for now,” the message read in part. The app was also unavailable on the Apple and Google Play stores, along with Lemon8 and CapCut, which are also owned by TikTok’s parent company, ByteDance.