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Snap Shares Soar On $400 Million Perplexity AI Deal
deadline.com/2025/11/snap-shares-soar-perplexity-ai-deal-snapchat-1236608565
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…
This story appeared on deadline.com, 2025-11-06 08:17:46.276000.