Perplexity AI makes a bid to merge with TikTok U.S.

Perplexity AI makes a bid to merge with TikTok U.S.
cnbc.com

by Hayden Field • 13 days ago

Perplexity AI has submitted a bid to merge with TikTok U.S. and its parent company, ByteDance, aiming to create a new entity. This merger would allow ByteDance's investors to retain their stakes while enhancing video capabilities for Perplexity. As the generative AI sector grows, Perplexity's valuation surged from $500 million to about $9 billion. President Trump indicated he would likely extend TikTok's operation in the U.S. for 90 days to negotiate.

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