Foreign Media: American AI company Perplexity AI seeks to merge with TikTok US

On Saturday, Perplexity AI officially launched a takeover bid for TikTok, submitting an acquisition proposal to its parent company ByteDance, intending to merge Perplexity, TikTok's US business and new capital partners into a new entity.

An informed source revealed that the new structure will allow most of ByteDance's existing investors to retain their shares and bring more videos for Perplexity.

Perplexity AI is an artificial intelligence search engine startup competing with OpenAI and Google. Against the backdrop of booming development in artificial intelligence, it has attracted increasing interest from investors. The company was valued at about $500 million in early 2024 and approximately $9 billion by the end of that year.