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Hours earlier than TikTok is anticipated to go darkish, the enterprise capital-backed startup Perplexity has put in a bid to merge with the platform, CNBC reported and Enterprise Insider confirmed with a supply acquainted with the matter.
If accepted, the deal would mix TikTok, Perplexity, and the non-public fairness agency New Capital Companions right into a single firm, placing an finish to a months-long saga over the app’s future.
The supply stated the mixed firm may very well be “value greater than $50 billion.”
It is a growing story. Verify again for extra particulars.
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