Snap Shares Soar On $400 Million Perplexity AI Deal ...Middle East

Snap saw its stock surge 25% after market close 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 partnership is expected to begin contributing in 2026. The shares […]

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