AI startup Perplexity said to submit bid to merge with TikTok's US unit

Q: How long will it take to read this news story?

The story "AI startup Perplexity said to submit bid to merge with TikTok&#039;s US unit" has 482 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "AI startup Perplexity said to submit bid to merge with TikTok&#039;s US unit" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 116 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25242955</li><li>URL: https://beamstart.com/news/ai-startup-perplexity-said-to-17372521327182</li></ul>

Business Standard Logo Business Standard 5h ago

AI startup Perplexity said to submit bid to merge with TikTok's US unit - Business Standard

Quick Summary:

Few companies or individuals could likely afford TikTok, which is estimated to be worth as much as $50 billion.

Perplexity AI, an artificial-intelligence search-engine startup, started 2024 with a roughly $500 million valuation and ended the year worth about $9 billion, CNBC said.

One possibility is a billionaire acquirer, such as Elon Musk – whom the Chinese government is already evaluating as a potential new owner – or a team of investors, like Frank McCourt and Kevin O’Leary, who have publicly trumpeted their desire to take control of the app.