Perhaps the most appealing option for ByteDance ... If the plan is approved, Perplexity AI and TikTok US would be merged into a new entity. And once TikTok reaches an initial public offering ...

The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup ... to own up to half of that new structure once it makes an initial public offering of at least ...

The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's parent ByteDance on 18 January, a day before the law that bans TikTok went ...

Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the US government to own up to 50% of the new entity following an IPO, CNBC ...

Any such transaction could affect plans for a future ByteDance initial public offering, with the company valuing itself at $300bn during a recent share buyback programme. The company drew up its huge ...

According to a source cited by Reuters, the updated plan proposes the formation ... of at least $300 billion during the IPO. As per documents shared with ByteDance and political investors ...

Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S.

ByteDance is set to invest more than 87.2bn yuan ($12bn) in artificial intelligence (AI) infrastructure in 2025, aiming to leverage cutting-edge technology for growth, reported the Financial Times.

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity in an IPO valued at $300 billion. ByteDance would sell TikTok US to ...

The first proposal, which ByteDance has not responded to ... to own up to half of that new structure once it makes an initial public offering of at least $300 billion (€286 billion), said ...

which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the U.S. government to own up to 50% of the new company upon a future IPO, CNBC has learned. A proposal ...