Perplexity AI has submitted a correction proposal to merge with Tiktok, a arrangement that gives the US government with up to 50 percent ownership of the new business.
AP communication first reported this new proposal. The sources familiar with bidding acknowledged TechCrunch that the report of the AP communication was accurate.
The AI search engine had previously proposed a new company to combine Perprexity, Tiktok US, and additional stock investors. According to the AP communication, under a new bidding, the government will receive stocks after at least $ 300 million new shares, but Tiktok's current Chinese owner of the byte dance will retain its ownership. It is said that there is.
Purplex City is reportedly modified a bid based on feedback from the Donald Trump administration.
Tiktok temporarily went down last weekend because it was a law that requires Bytedance to sell apps, or the ban on the United States. The vibrancy has returned again by President Trump's signature of the presidential decree extending. He also stated that the United States wanted to acquire 50 % of its ownership, but it is not clear whether it refers to the government or US investors.
Another report this week suggested that the White House is negotiating an agreement for Oracle (already providing Tiktok's US traffic infrastructure). “I talked to many people about Tiktok,” said Trump, but said, “I haven't talked about Oracle.”