Perplexity AI modifies the proposal to merge with AI Tiktok, provides us with 50% equity, biodenses to maintain algorithm: Report | Mint

Arvind Srinivas’s Perplexity AI has revised its merger proposal with the owner of Ticketkok to report a new joint company, Reuters. Under the new terms, the US government will be offered up to 50% of the new company in future IPOs in an evaluation of at least $ 300 billion.
What is Tiktok offering?
Perplexity is allegedly proposing to build a new American holding company called “Newko”. Bidens will reportedly to sell us to investors, which will give the company’s current investors equity in the new structure.
Perplexity is also proposing that the bidence maintains its main recommendation algorithm. The AI search engine is also ready to be acquired by the new holding company if its investors get a stake in Newco.
Tikkok compliance with a federal law was about 14 hours offline in the US last week, which requires the social media app to cut relations with its Chinese -origin company or close in the country. After Donald Trump administered the oath as the new US President, he issued an executive order, giving an additional 75 -day additional order to the app to follow the law.
As things stand up, the validity of Trump’s executive order is not yet clear, as the ban on Tiktok came into effect on January 19, and the short-video app for download on Google’s Play Store and Apple’s app store is unavailable.
Who else can buy tickets?
A recent NPR report recently stated that Donald Trump administration is working on a plan to save Tikok by tapping Oirak and a group of external investors included Microsoft to take control of the short-video app to a group of external investors. Is. Tiktok’s Chinese owner’s bidence is asked to maintain a minority stake in the company, but the report reported can be seen controlled by Oracle’s algorithm, data collection and software updates in the report.
A meeting between White House officials and Oracle officials on Friday held to discuss the possible deal, with another meeting for the next week. Under the agreement, Tikok’s American investors can hold a majority stake in the app. However, the report states that the terms of the deal are still being worked and are subject to change at this level.
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