Snap and Perplexity Amicably End $400M AI Search Integration Deal Snap and Perplexity have ended their planned partnership, the social media company disclosed in its latest quarterly earnings report. The deal, first announced last November and valued at roughly $400... AI Partnership Perplexity Snap Social Media May 6, 2026
Snap Cuts 16% of Workforce as It Doubles Down on AI and Profitability Snap is executing one of its largest restructurings in recent quarters, announcing plans to reduce roughly 16% of its workforce as leadership shifts spending toward AI products and a clearer path to p... AI Strategy Layoffs Snap Social Media Apr 15, 2026