TikTok’s owner ByteDance has less than two weeks to sell the social media platform. Now, artificial intelligence (AI) search engine firm Perplexity is making the case for why it should become the popular video-sharing service’s new owner, following weeks of reports that the company was interested in merging with TikTok. “Perplexity is singularly positioned to rebuild the TikTok algorithm without creating a monopoly, combining world-class technical capabilities with Little Tech independence,” the company wrote on its blog Friday (March 21)

One of the deals being considered to keep TikTok operating in the U.S. reportedly involves Oracle taking a small stake in the company and working with U.S. buyers to ensure that no user data would be accessible to the Chinese government. That is one of the proposals being considered as the April 5 deadline for a deal approaches, Bloomberg reported Tuesday (March 18). The proposal would leave TikTok’s algorithms in Chinese hands while ensuring that a new U.S. version of the app would not have a back door that could be exploited by the Chinese government, according to the report