• 34ºc, Sunny

Perplexity AI files for merger with TikTok US operations

According to Bloomberg, Perplexity AI, a technology company backed by Bezos and Nvidia, filed for a merger with TikTok U.S. operations to dodge the impending shutdown. TikTok's Chinese parent company, ByteDance, was ordered by the United States to sell or close by Sunday. The deal will allow ByteDance investors, including heavyweights such as Sequoia Capital and SoftBank, to keep their shares.