Perplexity AI, a company focused on developing artificial intelligence technologies, has made a new proposal to merge with the TikTok short video creation and viewing platform. The proposal includes the establishment of a new holding company,

Perplexity AI has presented a new proposal to TikTok's parent company, ByteDancce that would allow the US government to own up to 50 per cent of a new entity that merges Perplexity with TikTok's US business,

TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.

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.

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,

Perplexity AI revised the merger proposal it had submitted to TikTok parent ByteDance, CNBC reported on Sunday. The proposal, to create a new entity combining Perplexity and TikTok U.S., would now also allow for the U.

Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50%.