Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, according to reports.
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
In a bold move, Perplexity AI, a U.S.-based search engine startup, has submitted a proposal to merge with TikTok's U.S. operations. This initiative emerges as TikTok resumes after a short ban in the United States due to national security concerns associated with its Chinese parent company, ByteDance.
Perplexity AI has suggested a merger with TikTok, proposing to allocate half of the deal to the US government, according to a source.
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a
Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to reportedly merge with TikTok.
Perplexity AI revises its TikTok U.S. merger plan, offering a bold proposal that includes U.S. government ownership, to balance investor interests and address national security concerns.
(Reuters) -- U.S. search engine startup Perplexity AI has revised a merger proposal submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
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The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's parent ByteDance on 18 January, a day before the law that bans TikTok went into effect.
Meta Platforms is expected to report its fourth-quarter results after the closing bell on Wednesday, with analysts largely bullish on the tech giant's ability to build on a strong 2024.