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Snap Secures $400 Million Perplexity AI Deal, Shares Surge

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Source: Bloomberg.com
Snap Secures $400 Million Perplexity AI Deal, Shares Surge
Photo: Bloomberg.com
TL;DR

Snap Inc. announced a $400 million partnership with Perplexity AI to integrate its AI-powered search engine into Snapchat, enhancing its AI chatbot capabilities and opening new business avenues, with the integration expected in 2026. The company reported solid Q3 earnings, user growth, and a rebound in advertising revenue, despite challenges related to user engagement and regulatory compliance.

Topics:businesstechnology#ai-search#chatbots#perplexity-ai#snapchat#social-media#technology
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  1. Snap Inks $400 Million Perplexity Deal to Add AI Search to Chat  Bloomberg.com
  2. Snap shares rocket 15% on strong forecast, $400 million Perplexity deal  CNBC
  3. Snap tops revenue estimate and unveils $400 million deal with Perplexity AI, shares jump  Reuters
  4. Snap Inc. Announces Third Quarter 2025 Financial Results  Yahoo Finance
  5. Snap Shares Soar on $400 Million Perplexity AI Deal  The Wall Street Journal

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