New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — 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.
A Chinese artificial-intelligence company has Silicon Valley raving, calling it "amazing and impressive,"despite working with ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, ...
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 ...
US startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a ...
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
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