Perplexity AI proposes to merge with TikTok

Perplexity AI submits proposal to merge with TikTok, give half to US government: report
Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new proposal,
Perplexity AI may save TikTok with a merger that’s half owned by the US government
Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50%.
Perplexity AI proposes TikTok merger with 50% ownership for US government
The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI achieves an initial public offering valued
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, “NewCo.”
New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
Perplexity AI revises TikTok proposal to give U.S. gov 50% stake, CNBC says
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a

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AI startup's plan would include 50% U.S. government ownership of TikTok
Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S.
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