Perplexity AI has made significant changes to its earlier merger proposal with TikTok's parent company, ByteDance, as reported by CNBC on Sunday. The revised plan envisions forming a new company that ...
-- Perplexity AI has revised its merger proposal with ByteDance, the parent company of TikTok, that could pave the way for the U.S. government to own a stake, says a CNBC report.
according to a proposal document seen by CNBC. The document proposes ByteDance offer TikTok U.S., without its recommendation algorithm, in exchange for the company’s existing investors ...