Startup Perplexity AI made its second bid to buy TikTok, this time with a proposal to have the U.S. government own 50% of the platform. Lawmakers have long opposed TikTok’s algorithm since its parent company,

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, accordin

Perplexity AI has submitted an updated proposal to merge with TikTok that would allow the U.S. government to take a 50 percent stake in the newly formed company, a source familiar confirmed to The

If the new proposal is accepted, the U.S. government would not have voting power or a seat on the company's board.

Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S. buyer.

National security analysts are urging the Albanese government to implement stringent security controls of the use of Chinese-developed artificial intelligence.

The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI achieves an initial public offering valued

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 news reports.

Chinese startup DeepSeek has caused a massive stir in the AI world, with Donald Trump looking set for another TikTok-style headache amid concerns over DeepSeek's competitive edge and privacy policies. Newsweek has contacted the Trump-Vance administration and DeepSeek, via email, for comment.

In short, sure, the U.S. could ban DeepSeek if it wanted to. It has the capacity to ban things it doesn't like from countries it doesn't trust in order to protect its citizens' data. In the case of TikTok,

The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.