This Indian-born techie could turn TikTok’s fate around in the US – Know about Perplexity AI

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In a significant move that could reshape both the AI and social media landscapes worldwide, Perplexity AI has submitted a merger proposal to ByteDance, TikTok’s parent company, in an effort to prevent a potential shutdown of TikTok in the US.

The proposed merger, which aims to combine Perplexity, TikTok US, and New Capital Partners, is intended to address the mounting regulatory pressures faced by the popular video platform.

The deadline for compliance with a US law requiring ByteDance to either sell TikTok or face a ban is set for 19 January 2025….



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This Indian-born techie could turn TikTok’s fate around in the US – Know about Perplexity AI



In a significant move that could reshape both the AI and social media landscapes worldwide, Perplexity AI has submitted a merger proposal to ByteDance, TikTok’s parent company, in an effort to prevent a potential shutdown of TikTok in the US.

The proposed merger, which aims to combine Perplexity, TikTok US, and New Capital Partners, is intended to address the mounting regulatory pressures faced by the popular video platform.

The deadline for compliance with a US law requiring ByteDance to either sell TikTok or face a ban is set for 19 January 2025….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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