New Delhi, March 23 -- Perplexity announced its intent to acquire TikTok in a blog post published on Friday, the startup would like to reshape the platform through AI-enabled innovation. Perplexity asserted that only it is in a unique position to restore TikTok's algorithm while maintaining independence and freedom from monopolistic control.

"Perplexity is singularly positioned to rebuild the TikTok algorithm without creating a monopoly, combining world-class technical capabilities with Little Tech independence," the company stated.The step is taken at a time when TikTok has faced excessive pressure from a power that calls for divesting from ByteDance, its Chinese parent company, or risks being banned in the U.S. From January 19, a law w...