Perplexity AI has reportedly given an 11th hour chance to save TikTok in the US.

Just a day before TikTok is expected to be shut down in the US, AI startup Perplexity has offered money to TikTok’s parent company ByteDance in a bid for a merger that would allow it to continue operating. Price CNBC reports. Citing an anonymous source, Price CNBC It says the proposed merger will “create a new entity including Perplexity, TikTok US and New Capital Partners.” It comes after The Supreme Court on Friday ruled unanimously to enforce the law which requires ByteDance to sell TikTok or be banned in the US. The company has so far rejected the idea of ​​a sale.

According to Price CNBC‘s source, Perplexity – which currently has an AI-powered search engine and is are being sued by media organizations in violation of the law – he believes that a merger rather than a sale will be more interesting for ByteDance. “The new structure will allow many of ByteDance’s investors to keep their money and bring more video to Perplexity,” Price CNBC reports. If ByteDance accepts the request, there is a chance that the company will be given a 90-day extension by Trump to complete the deal, he said. NBC News‘ What Kristen Welker will “do” when she starts work on Monday. But there is no indication that ByteDance will go this route.

Although there are many opinions about consumers, TikTok said “It will be forced into darkness on January 19” when the law goes into effect unless “the Biden Administration immediately issues a definitive statement to satisfy the hardest-hitting providers to prove it doesn’t work.” The outgoing administration, however, says it is leaving all that to the Trump team to deal with. Per The cost of MSNBCWhite House press secretary Karine Jean-Pierre called TikTok’s announcement of the shutdown “puzzling,” and said “we see no reason for TikTok or other companies to take any action in the coming days before the Trump administration takes office on Monday.”

“We have made it clear and straightforward: actions to implement the law will fall to the next administration,” said Jean-Pierre, according to The cost of MSNBC. “So TikTok and other companies have to deal with it.”