Perplexity AI remains dedicated to purchasing TikTok, and has published its own vision for rebuilding the platform in the U.S., including its powerful algorithm. In January, Perplexity revised its
initial takeover offer for the popular short-form video app that would allow the U.S. government to own up to 50% of “NewCo,” the new company Perplexity is proposing, upon a future IPO.