Perplexity AI Reaffirms Bid to Acquire TikTok Before U.S. Deadline

With an April 5 deadline looming, Perplexity AI emphasizes transparency and open-source algorithms while Oracle remains the frontrunner in negotiations with the Trump administration.

• Perplexity AI reiterates its proposal to acquire TikTok, pledging to rebuild the platform's algorithm in U.S. data centers with open-source transparency.
• The startup plans to integrate its search and citation capabilities into TikTok, enhancing personalization and content discovery for users.
• Oracle is considered the leading contender for the acquisition, with ByteDance facing continued pressure to divest its U.S. operations.
• President Trump has set an April 5 deadline for a deal but indicated he may extend it if necessary, despite his preference to finalize negotiations on time.
• Perplexity's bid faces skepticism due to its smaller scale compared to competitors like Oracle, Microsoft, and investor consortiums, as well as its history of publicity stunts.

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