Just one day before TikTok is expected to shut down in the US, startup Perplexity AI has submitted a bid to TikTok’s parent company ByteDance proposing a merger that would allow it to continue operating, CNBC reports. Citing an anonymous source, CNBC reports that the proposed merger would “create a new entity combining Perplexity, TikTok US and New Capital Partners.” It comes after the Supreme Court on Friday ruled unanimously to uphold a law that requires ByteDance to sell TikTok or it will be banned in the US. The company has so far resisted the idea of a sale.<br /> According to CNBC’s source, Perplexity is hoping a merger rather than a sale will be more appealing to ByteDance. “The new structure would allow for most of ByteDance’s existing investors to retain their eq [...]
Perplexity, the AI-powered search company valued at $20 billion, on Wednesday launched what it calls the most ambitious product in its three-year history: a multi-model agent orchestration platform ca [...]
Perplexity, the AI-powered search company valued at $20 billion, announced on Wednesday at its inaugural Ask 2026 developer conference that its multi-model AI agent, Computer, is now available to ente [...]
Earlier this year, with a TikTok ban looming, Perplexity AI threw its hat into the increasingly crowded ring to take over the embattled social media company. Now, the maker of the AI search engine is [...]
Amazon has sent a cease-and-desist letter to Perplexity that demands that the AI startup prevents its Comet browser from making purchases on Amazon, Bloomberg reports. In a blog post responding to Ama [...]
Another day, another instance of AI companies purportedly engaging in copyright infringement. Two Japanese media groups, Nikkei and the Asahi Shimbun, are suing Perplexity for illicitly having "c [...]
Web crawlers deployed by Perplexity to scrape websites are allegedly skirting restrictions, according to a new report from Cloudflare. Specifically, the report claims that the company's bots appe [...]