Artificial intelligence company Perplexity AI announced its intention to take over TikTok U.S. business before the U.S. government ban takes effect, saying "Perplexity is uniquely positioned to rebuild TikTok algorithm without creating a monopoly." Currently, multiple buyers including Oracle, Microsoft, Walmart, and former Los Angeles Dodgers owner Frank McCourt and Roblox CEO Jesse Tinsley have also been rumored to be interested in buying TikTok.