The chairman of O’Leary Ventures has the latest on TikTok on ‘The Claman Countdown.’
Artificial intelligence (AI) company Perplexity AI has asked to cooperate with TikTok US, so that the video-sharing platform can avoid being banned in the country, according to a report.
The request, which was made to the Chinese parent company, ByteDance, will combine Perplexity AI, TikTok US and new businesses and will allow many of ByteDance’s investors to keep their money, CNBC reported, citing a source familiar with the matter.
Congress has passed a block TikTok last year that goes into effect on Sunday unless China’s ByteDance sells the company.
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TikTok is facing a ban in the US, which will take effect on Sunday. (AP Photo/Ashley Landis/AP Newsroom)
The White House has said President Biden will not enforce the ban, and President-elect Trump said he would likely request a 90-day stay on the ban, which is allowed by law.
However, ByteDance on Saturday said it plans to “go black” on Sunday unless the Biden administration provides “certain” assurances that the ban will not be enforced.
Perplexity is an AI search engine startup that launched last year. He is worth about $9 billion, CNBC reported.

Perplexity is an AI search engine launched last year. He is worth about $9 billion, CNBC reported. (Jaque Silva/NurPhoto via Getty Images/Getty Images)
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Friday, US The Supreme Court agreed bilateral law, citing national security risks due to its relations with China.
While ByteDance has said that it will not sell TikTok, the seller of “Shark Tank” Kevin O’Leary told Fox News On Friday, he gave a total of 20 billion dollars.

President-elect Trump has said he could call for a 90-day moratorium on the ban, which is allowed by law. (Jaap Arriens/NurPhoto via Getty Images/Getty Images)
“There’s a reason Congress put this law before the Supreme Court. There’s a reason they ruled in favor of it. It’s not worth taking the risk,” he said. “And, therefore, the obvious answer is to sell it to the American organization as per the plan.”
FOX Business has reached out to Bytedance and Perplexity AI for comment.
2025-01-18 23:42:25
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