Perplexity Ai revides the Ticter -Ticter Compound Proposal by allowing a 50% stake in the US Government – Cnbc by Investing.com
Investing.com- American Startup search engine perplexity AI updated its compounding proposal with Bytendance, a Chinese parent of Tictok, with the aim of forming a new entity control that would include Perplexity and Tiktok US, CNBC reported on Sunday inviting the document in the document in the document in the document in the document in the document who saw it.
According to the revised proposal, a new American holding called “Newco” will be established, the report said. Bytendance would sell Tiktok’s operations in the US Newco investors, assigning TICTOK existing shareholders a proportion of a stake in the newly established entity. Perplexity also suggested his own acquisition by Newco, on the condition of capital distribution to his investors, he added.
The plan suggests that the US government hold up to 50% of the Newco stake after the initial public offer (IPO) estimated at least $ 300 billion. However, Bytendance would retain ownership of Tiktok’s fundamental algorithm for recommendations, which is widely considered a key driver of his global popularity, the report states.
Reuters also reported on the revised proposal, referring to the source familiar with the issue.
The Future of Tictoka in the United States is blurred by concern for national security, which has led to temporary shutdowns and current discussions about potential restructuring.
President Donald Trump recently hinted at current conversations on several sides on the future of Tiktoc, and the decision is expected within 30 days. Tiktoc’s services were renovated last week after Trump announced that he would allow the continuation of the application in the country.
The proposal of Perplexity AI reflects an innovative approach, combining connection and investment strategies, which it believes could bypass political obstacles related to direct sales. Bytendance and the White House did not comment on the revised proposal, according to reports.
This development occurs while Tiktok and Bytendance undergo complex regulatory supervision, along with the efforts of other potential millets to provide a proportion in the widely used platform for sharing video.
