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Perplexity AI’s TikTok Merger Proposal Offers U.S. Government 50% Stake

As multiple stakeholders scramble to resolve national security concerns while preserving TikTok's operations in the US, Perplexity AI has revised its merger proposal to TikTok parent ByteDance, potentially giving the U.S. government a 50 percent stake in the new company upon a future IPO.
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