Perplexity AI proposes $300 billion TikTok plan; suggests this new ownership structure
Perplexity AI has proposed merging with TikTok's US operations, allowing the US government to own up to 50% of the new entity without voting rights. The plan aims to maintain ByteDance's connection to TikTok while ensuring a US-based board. TikTok's algorithm would remain with ByteDance.
Perplexity AI has proposed merging with TikTok's US operations, allowing the US government to own up to 50% of the new entity without voting rights. The plan aims to maintain ByteDance's connection to TikTok while ensuring a US-based board. TikTok's algorithm would remain with ByteDance.
