Perplexity AI proposes TikTok merger; part US government ownership

Category: Business

Perplexity AI has proposed a merger with TikTok that would grant the U.S. government a 50% ownership stake. This revised offer aims to create a new structure merging Perplexity with TikTok's U.S. business, focusing on the user base rather than TikTok's algorithm. Bytedance would retain some ties to TikTok but would relinquish full board control to the U.S.

Keywords: Perplexity AI, TikTok merger, U.S. government ownership

Source: Idaho News

Update At: 1/28/2025

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