Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S.

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The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could ...

Under the proposal, ByteDance would sell TikTok US to the investors, which would give TikTok's existing investors equity in the company ...

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