U.S. search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok U.S., a source familiar with the company's plans told Reuters.

With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported

Artificial Intelligence backed search engine Perplexity AI has submitted a bid with TikTok parent company Bytedance to merge with TikTok US, according to a Reuters report. Reportedly, Perplexity AI would merge with TikTok US and create a new entity called New Capital Partners.

Perplexity AI asked TikTok's Chinese parent company, ByteDance, on Saturday to allow the U.S. search engine startup to merge with TikTok U.S. and create a new entity combining them and New Capital Partners,

A merger with TikTok may give Perplexity access to a vast user base and a wealth of data that would feed its AI-driven search engine

Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to reportedly merge with TikTok.

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,

Just hours before TikTok is expected to go dark, the venture capital-backed AI startup Perplexity has put in a bid to merge with the platform, CNBC reported and Business Insider confirmed with a source familiar with the matter.