The latest plan for a TikTok buyout, by Perplexity AI, would give the U.S. government up to a 50% stake in the company’s ...
Under new plan, US government would acquire its stake during entity's initial public offering, which could be valued at $300B ...
The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's ...
ByteDance’s valuation of TikTok at an impressive $200 billion presents a considerable challenge for potential buyers.
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 ...