Perplexity will integrate its AI-powered search engine directly into the Snapchat app.
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Snap
stock surged 13% on Thursday after announcing a $400 million deal with Perplexity AI and releasing its third-quarter financial results.
The company said that it will be integrating Perplexity’s artificial intelligence-powered search engine directly into the Snapchat app.
As part of the agreement, Perplexity is set to pay the social media platform $400 million over one year “through a combination of cash and equity,” according to Snap’s letter to investors.
Perplexity AI will pay the social media company $400 million over 1 year to integrate the AI startup's search features into…
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the…
Perplexity will be able to display creative and editorial content from Getty Images through its AI-powered search tools.
Social media group will integrate artificial intelligence search engine within its app
Snap released on Wednesday its fourth-quarter earnings that beat on sales but missed on revenue guidance.
Apple reportedly weighing the acquisition of Perplexity AI could mean a boost for the iPhone maker's shares, according to Bank of…
