New TikTok Bid Could Give US Government 50% Stake
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could ...
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US government: Report
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US ...
Perplexity AI alters TikTok merger offer, with possibility of 50% U.S. government stake - reports
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could ...
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Artificial Intelligence Company’s Bid for TikTok Could Give American Government a 50 Percent Stake in New Company
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the ...
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
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Multiple buyers, including Oracle, Microsoft, and Perplexity AI, in race to acquire TikTok
Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, ...
Perplexity AI revises TikTok proposal to give U.S. gov 50% stake, CNBC says
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a ...
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Perplexity AI's revised TikTok bid could give U.S. government 50% stake
(Reuters) -- U.S. search engine startup Perplexity AI has revised a merger proposal submitted to TikTok's Chinese parent ...
TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...