U.S. search engine startup Perplexity AI has proposed a merger with TikTok U.S., aiming to resolve the platforms looming ban in the United States, according to a confidential source. TikTok, owned by Chinas ByteDance,

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.

Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC has learned.