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Perplexity AI advocates for TikTok takeover as company eyes $18 billion valuation

The company describes itself as uniquely able to rebuild TikTok’s algorithm without monopolizing the platform. They’re also in talks to raise significant funding targeting innovations in TikTok’s recommendation system.

Perplexity AI is amidst competition from U.S. Firms like Oracle, Microsoft, and Walmart, which have expressed similar interests in acquiring TikTok, especially as regulatory pressures mount.

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