The deal which has been proposed to TikTok's parent company ByteDance would be to merge Perplexity with TikTok US and go for an IPO ...
The world’s largest maker of EV batteries has applied for a secondary listing in Hong Kong, joining the ranks of Chinese ...
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 ...
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 ...
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 ...
The proposal calls for the U.S. government to own up to 50% of the new company upon a future initial public offering (IPO), the person said. A Perplexity document shared with ByteDance and new ...
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 ...
Perplexity is reportedly proposing the creation of a new US holding company called "NewCo". ByteDance would reportedly sell TikTok US to the investors, giving the company's existing investors an ...
Firms like ByteDance, the company behind TikTok, courted major American investment firms like General Atlantic and Susquehanna Capital. Chinese start-ups in Shanghai and Shenzhen saw an initial ...
The technology behind OmniHuman-1 taps into the evolving realm of deepfakes, a domain often associated with controversies ...