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Snap and Perplexity sign $400 million deal to put AI search directly in Snapchat

Snap and Perplexity AI have struck a $400 million deal that will bring the AI search engine directly to Snapchat sometime in "early 2026," the two companies announced. With the partnership, Perplexity ...
Shacknews

Snapchat (SNAP) announces $400 million deal with Perplexity AI search engine

Snapchat’s (SNAP) latest earnings report brought news of a new collaboration with Perplexity AI. The latter will bring its AI search engine to Snapchat next year, allowing users to interact with it ...
Los Angeles Times

Snapchat is nearing 1 billion monthly users. Why can’t it turn a profit?

This is read by an automated voice. Please report any issues or inconsistencies here. Snapchat nears 1 billion monthly users, but the Santa Monica company still loses money and stock has plummeted ...
CNBC

Snap shares rocket 15% on strong forecast, $400 million Perplexity deal

Snap on Wednesday issued its third-quarter earnings, reporting revenue that beat analysts expectations and announcing a $500 million stock repurchase program. The company also announced that ...
Seeking Alpha

Snap and Perplexity Partner to Bring Conversational AI Search to Snapchat

Partnership expands AI offerings available to the Snapchat (SNAP) community and marks the first large-scale integration of an external AI partner directly into the app. SANTA MONICA, Calif. & SAN ...
Business Insider

Snap rockets 18% higher on $400 million deal with Perplexity AI

Snap stock surged 18% on Thursday on news of a major AI deal. The social media app revealed a $400 million deal with Perplexity AI. Under the agreement, the AI startup will integrate features into ...
TweakTown

Snap and Perplexity strike $400 million deal to integrate AI search in Snapchat

TL;DR: Snap and Perplexity AI have signed a $400 million deal to integrate Perplexity's AI-powered search engine directly into Snapchat's chat interface, launching in early 2026. This integration aims ...