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Perplexity AI bids to merge with TikTok US
Perplexity AI, an artificial intelligence company, has submitted a bid to merge with TikTok’s US operations in an attempt to prevent the video-sharing platform from being banned in the country. The proposal is for a merger rather than a sale, which Perplexity AI believes may increase its chances of success.
Supreme Court upholds decision on TikTok
The Supreme Court has upheld a decision regarding TikTok, which led to Perplexity AI submitting a bid to merge with TikTok US. This development follows ongoing concerns about TikTok’s operations in the United States.
Perplexity AI’s rapid growth and valuation surge
Perplexity AI has experienced significant growth, with its valuation increasing from approximately £500 million to £9 billion throughout 2024. This growth is attributed to rising investor interest in generative AI. The company operates in the competitive AI-assisted search market, which is seen as a potential challenger to Google’s dominance in online information.
Private sector advances in nuclear fusion using AI
The private sector is making progress in nuclear fusion with the help of AI. A team at Princeton University has developed a method to use AI for understanding and forecasting plasma instabilities in fusion reactors. This advancement could lead to the opening of a new fusion plant in the near future.
OpenAI to launch o3 Mini AI model
OpenAI CEO Sam Altman has confirmed that the company will launch its latest reasoning AI model, o3 mini, within the next couple of weeks. This new model is expected to further advance OpenAI’s capabilities in artificial intelligence.
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