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

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

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,

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 transition team and DeepSeek, via email, for comment.

As Chinese AI tech shakes up the entire industry with new breakthroughs, a new AI-powered IDE from a Beijing firm is flying under the radar, based on the same tech that powers Visual Studio Code and many other code editors.

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

Under new plan, US government would acquire its stake during entity's initial public offering, which could be valued at $300B or more, local media reports - Anadolu Ajansı

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.

Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new proposal, the US government would own up to half of the company after a future initial public offering, a source familiar with the matter told CNBC.

Perplexity AI has submitted a revised proposal to merge with TikTok, in an arrangement that would give the U.S. government up to 50 percent ownership of

A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, “NewCo.”