SMRTR TechAug 12, 2025Daring Fireball

Perplexity Made an Offer to Buy TikTok — Well, Half of TikTok — Back in January

SMRTR summary

Perplexity AI proposed a unique solution in January to prevent TikTok's ban, offering to merge with TikTok's US operations while giving the US government up to 50% ownership of the new entity. The startup submitted this revised plan to ByteDance just one day before the TikTok ban law took effect.

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