Perplexity CEO Aravind Srinivas discusses why the company’s bid for TikTok is superior and the right fit for the U.S.
EXCLUSIVE: The CEO of AI startup Perplexity, Aravind Srinivas, confirmed his company’s bid for TikTok U.S. and said the deal checks all the boxes for investors and President Donald Trump, including an ownership stake for the U.S.
“We’re not trying to be disruptive to the existing shareholders, but we’re also trying to get what President Trump wants, which is about American control and also the government getting equity in the new entity. I think that we are offering both of that,” Srinivas told FOX Business in his first on-the-record comments since news of the deal leaked last month.
Deal offer details
Perplexity, an AI search engine startup, in January submitted a bid to TikTok parent ByteDance, which would combine the company with TikTok U.S., and if at…
