January 27, 2025 - In the race to bid for TikTok's U.S. operations, Perplexity's recent revised proposal to acquire TikTok's U.S. operations seems more appealing, as it offers the U.S. government to own up to 50% stake in a new entity that will emerge after Perplexity merges with TikTok's U.S. business.

This new business entity is expected to be valued at $300 billion or more once it listed on the stock market. This move is taken to ensure that TikTok's influence in the U.S. is not interfered by China interests. Perplexity AI is proceeding independently, separate from the acquisition team of MrBeast and Tinsley from Employer.com.

This article first appeared on GuruFocus .