Shares of Meta Platforms ($META) have risen roughly 10% year-to-date, reflecting modest growth amid the ongoing AI boom.

(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 ...

Snap stock price jumped more than 25% in extended trading on Wednesday after the company announced a $400 million partnership with Perplexity AI Inc, along with a third-quarter revenue beat.

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

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 ...

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 ...

AI service Perplexity was this week updated with a new personalized shopping experience that's designed to help users rediscover the joy of shopping. Perplexity offers conversational search that ...

What To Know: Snap beat analyst expectations with quarterly revenue of $1.51 billion versus estimates of $1.49 billion, and a quarterly loss of 6 cents per share versus estimates for a 12-cent loss.

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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. Martina Castellanos is a reporter and editorial fellow at Forbes. Amazon has sent a cease-and-desist letter accusing Perplexity AI ...

Amazon has told Perplexity to get its agentic browser out of its online store, the companies both confirmed publicly on Tuesday. After warning Perplexity multiple times that Comet, its AI-powered ...