How Snapchat's Partnership with Perplexity Could Boost the Stock for Years to Come

The $400 million deal helps Snap's Snapchat capitalize on Gen Z while exposing Perplexity to nearly a billion users.
Nasdaq

Snap Shares Jump On Forecast Beat And $400 Mln Perplexity AI Partnership

(RTTNews) - Snap's (SNAP) stock surged after the company beat third quarter revenue expectations, issued a strong fourth quarter forecast, and unveiled a major AI search partnership. The company ...
Forbes

Snap Shares Surge 16% In Premarket After Perplexity AI Deal And Stock Buyback Announcements

Snap shares rose sharply in premarket trading early on Thursday after the company announced a $400 million deal with AI firm Perplexity and a $500 million stock buyback program, after releasing its ...
TechCrunch

Perplexity to pay Snap $400M to power search in Snapchat

Snap said on Thursday that it has signed a deal to integrate Perplexity’s AI search engine directly within Snapchat. As part of the deal, Perplexity will pay Snap $400 million in cash and equity. The ...
Bloomberg L.P.

Perplexity Is AI’s New Pit Bull

The way Perplexity AI Inc. frames it, the company is something of a freedom fighter for the open web. Its “answer engine” — don’t call it a chatbot — is democratizing access to information just as ...