AI search engine startup Perplexity AI has put forward a revised proposal for a merger with TikTok’s US operations, reported Reuters.
According to a source, the search engine startup’s plan involves creating a new entity that would combine Perplexity and TikTok US, with the US government potentially owning up to 50% following an initial public offering (IPO), according to the person.
The proposal, submitted earlier in January 2025, revises an earlier plan the AI startup presented to…
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https://finance.yahoo.com/news/perplexity-ai-revises-merger-proposal-100711809.html
