Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50% ...
Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S.
WASHINGTON (AP) — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI ...
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could ...
Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, ...