Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...

If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.

Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...

Perplexity AI proposes a merger with TikTok U.S., offering a new U.S. holding company where the U.S. government would own up to 50% post-IPO, excluding TikTok's core algorithm. The proposal aims to ...

According to Reuters, the deal being negotiated by the White House would see ByteDance retaining a stake in the company — ...