Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50% ...
TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...
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 ...
The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI ...
The U.S. government would own up to half of the new structure once it goes through an IPO of a valuation of at least $300 billion. Perplexity AI would also offer to be acquired by the holding ...
After NewCo completes a public offering at a valuation of at least $300 billion, the US government would own up to half of the new structure. Perplexity AI – which started 2024 with a roughly $ ...
An American AI company wants to merge with the social video app and give half ownership to the government. Perplexity AI, which has an artificial-intelligence-based search engine, has thrown its ...