Snap shares jump after $400mn deal with AI start-up Perplexity
PositiveFinancial Markets

Snap shares jump after $400mn deal with AI start-up Perplexity
Snap Inc. has seen a significant boost in its stock value following a $400 million deal with AI start-up Perplexity. This partnership aims to integrate Perplexity's advanced artificial intelligence search engine into Snap's app, enhancing user experience and engagement. This move is crucial as it positions Snap to compete more effectively in the evolving social media landscape, where AI-driven features are becoming increasingly important.
— via World Pulse Now AI Editorial System






