Perplexity AI has revised its initial takeover offer for TikTok, which would allow the U.S. government to own up to 50% of "NewCo," the new company Perplexity is proposing, upon a future IPO.

Tesla stock dropped in the DeepSeek sell off, but nothing like Nvidia stock. Deutsche Bank, however, believes investors ...

Intel's AI chip ambitions are rethought due to DeepSeek’s breakthrough. Read why INTC stock might not rebound soon and why caution is advised for investors.

In a recent development, Perplexity AI revised its proposal to merge with TikTok US with the goal of creating a new company. This revised plan includes the possibility for the US government to own up ...

Both Donald Trump and Joe Biden have spent years attempting to pressure ByteDance into selling its US operations, citing ...

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

This investor in Scottish Mortgage explores some reasons why the share price has flown back above £10 for the first time in ...

Perplexity AI In their fresh and updated proposal, AI and TikTok would merge, with the U.S. government gaining up to ...

Aravind Srinivas, co-founder of Perplexity AI, is in merger talks with ByteDance to form a new U.S.-based company for ...

US President Donald Trump told reporters on Monday (Jan 27) that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app. Read more at The Business Times.

Perplexity AI revises its TikTok merger proposal, offering 50% U.S. ownership. Know the latest developments in the deal and ...