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Bid for TikTok could give US Government a 50% stake
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
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 acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."
Perplexity AI Proposes Merger With TikTok, Offering Half To US Government, Source Claims
Perplexity AI has suggested a merger with TikTok, proposing to allocate half of the deal to the US government, according to a source.
Perplexity AI bids to merge with TikTok US amid looming ban, source says
Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to reportedly merge with TikTok.
Perplexity AI proposes TikTok merger, giving US govt half: source
US startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with
Perplexity AI proposes US stake in TikTok merger: Report
Perplexity AI revises its TikTok U.S. merger plan, offering a bold proposal that includes U.S. government ownership, to balance investor interests and address national security concerns.
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 ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
Perplexity AI revises Tiktok merger proposal that could give US government 50% stake: CNBC
PERPLEXITY AI revised the merger proposal it had submitted to TikTok parent ByteDance, CNBC reported on Sunday. Read more at The Business Times.
U.S. Could Own 50% Stake Under Perplexity AI's Revised TikTok Proposal
Perplexity AI's revised proposal suggests the US government acquire up to 50% stake in a new entity merging Perplexity and TikTok's US operations, addressing national security concerns.
New York Sun
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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 ...
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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, ...
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TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
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Trump issues flurry of orders on TikTok, DOGE, social media, AI, and energy
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TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025, FT reports
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Is TikTok’s Parent Company Buying $12B Worth of AI Chips?
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
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When TikTok Went Dark, an Unlikely App Won
After a US law temporarily forced Americans to find a new home for their short-video habit, TikTok clone Likee saw a surge in ...
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