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

Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, accordin