Perplexity AI revises merger proposal with TikTok, offers 50% equity to US, ByteDance to retain algorithm: Report
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 investors while retaining its recommendation algorithm.
Trump Says Microsoft Interested in Buying TikTok
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
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SF-based AI startup proposes plan to give U.S. government partial TikTok ownershipSan Francisco's Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
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ByteDance director says TikTok deal will get doneA deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to ...
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a ...
ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than ...
Trump issued an executive order on Jan. 20 to extend the ban on TikTok, implemented by former President Joe Biden last year.
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