U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...

AI startup's updated ByteDance deal introduces NewCo, with TikTok U.S. oversight and potential government equity ...

AI search engine startup Perplexity AI has put forward a revised proposal for a merger with TikTok's US operations, reported ...

Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...

Perplexity AI has updated its merger proposal with TikTok's parent company, ByteDance, adding a new dimension to the plan ...

This restructuring aims to address regulatory concerns and pave the way for a valuation of at least $300 billion during the IPO. As per documents shared with ByteDance and political investors ...

Under the new terms, the US government would be offered up to 50% of the new company in a future IPO at a valuation of at least $300 billion. Perplexity is also proposing that ByteDance keep its ...

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 revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could open up to a 50% stake for the U.S. government, according to multiple ...

Aravind Srinivas, CEO of Perplexity AI, is shaping AI and tech, leading a TikTok-ByteDance merger while facing U.S. Green ...

thereby preserving TikTok's core recommendation algorithm for ByteDance while offering investors equity. Under this proposal, the U.S. government would potentially own up to 50% of the company ...