Become a Patron!

Snap Shares Soar On $400 Million Perplexity AI Deal

Status
Not open for further replies.

VUBot

Staff member
Diamond Contributor
ECF Refugee
Vape Media
43d607cfdb93473a_sq.webp


Snap saw its stock surge 25% after the market close Wednesday as it announced a partnership with Perplexity to integrate that firm’s AI-powered answer engine directly into Snapchat. Perplexity will pay Snap $400 million over one year, through a combination of cash and equity. Revenue from the…

Continue reading...
 
Status
Not open for further replies.

VU Sponsors

Top