Perplexity Ai declined the TIKTOK integration proposal, which may give the US government a 50%stake, CNBC said by Reuters

(Reuters) – CNBC reported on Sunday that Perplexity Ai has reviewed the merger proposal it submitted to the BYTEDAE company, the parent company of Tiktok.

CNBC said the proposal, to create a new entity that combines Perplexity and Tiktok Us, will now also allow the US government to own up to 50% of the new company when offering a preliminary year in the future.