The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat.

Social media company Snap announced it would lay off 16% of its workforce on Wednesday as it embraces AI in its pursuit of profitability. AI's long-term impact on the job market is still unclear, but ...

May 6 (Reuters) - Snap on Wednesday said its first-quarter advertising revenue was impacted by the conflict in the Middle East and slowing advertising revenue in North America. The Snapchat parent's ...

Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to shift toward leaner teams ‌as it ramps up AI adoption to ...

Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.

Snap (SNAP) on Wednesday announced it was laying off 16% of its workforce, or about 1,000 employees, as it pursues profitability with more than a little help from AI. The Snapchat-parent said it ...

May 6 : Snap said on Wednesday its first-quarter advertising revenue was impacted by the conflict in the Middle East and slowing growth in North America, sending its shares 7 per cent lower in ...