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TikTok, Perplexity and US Government
Perplexity AI Wants to Merge With TikTok, Give US Government Half of the Company
TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.
New bid for TikTok from Perplexity AI could give US government 50% stake
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
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.”
3d
If Perplexity AI Can’t End The TikTok Ban, Here’s What Brands Can Do
Whether TikTok stays with Perplexity AI's backing or goes, without that juicy algorithm ByteDance doesn’t seem willing to ...
The Hill
3d
Perplexity offers updated bid for TikTok, allowing 50 percent US government stake
Perplexity
AI
has submitted an updated proposal to merge with
TikTok
that would allow the U.S. government to take a 50 percent stake in the newly formed company, a source familiar confirmed to ...
11d
on MSN
AI company Perplexity bids to merge with TikTok to avoid ban: report
Perplexity, an artificial intelligence search engine startup, has bid to merge with TikTok U.S. so the platform can avoid ...
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