Perplexity AI has reportedly submitted an 11th-hour bid to save TikTok in the US

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 ...