Perplexity AI revises Tiktok merger proposal that could give US govt 50% stake

Perplexity AI revises Tiktok merger proposal that could give US govt 50% stake

FILE PHOTO: Perplexity logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok’s Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.

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