WASHINGTON, D.C. — Perplexity AI has presented a new proposal to TikTok's parent company that would allow the US government to own up to 50 percent of a new entity that merges Perplexity with TikTok's US business, according to a person familiar with the matter.
The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok's parent ByteDance on Jan. 18, a day before the law that bans TikTok went into effect.
