Snap shares surge as $400 million Perplexity deal rekindles AI ambitions
PositiveFinancial Markets

Snap shares surge as $400 million Perplexity deal rekindles AI ambitions
Snap's shares have seen a significant surge following their $400 million deal with Perplexity, signaling a renewed focus on artificial intelligence. This partnership not only boosts Snap's financial outlook but also highlights the growing importance of AI in enhancing user engagement and innovation in social media. As companies increasingly invest in AI technologies, this move positions Snap as a key player in the evolving landscape, potentially attracting more users and advertisers.
— via World Pulse Now AI Editorial System



