Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake

Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."

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