Snap announces a deal to incorporate Perplexity's search engine into Snapchat from 2026; Perplexity will pay Snap $400M through a combination of cash and equity
https://lnkd.in/... Bluesky: Ed Zitron / @edzitron.com : You gotta spend money to lose money [embedded post] Mark Riedl / @markriedl : I thought people were supposed to pay AI companies for their service, not have AI companies pay others to use them? [embedded post] Shira Ovide / @shiraovide : Going to repeat what I wrote last week: — We have entered the PAY FOR OR NAG FOR DISTRIBUTION phase of A.I. — On PCs and phones, unwanted software installed by the manufacturer for compensation was called crapware. Might need a new verbiage. — www.bloomberg.com/news/article... Casey Newton / @caseynewton : Wow. This is the first reported case of Perplexity ever paying anyone [embedded post] Threads: Dare Obasanjo / @carnage4life : It finally happened, Snap surprised analysts during its earnings report in a positive way. While it slightly beat on revenue ($1.51B va $1.49B expected) and DAU (477M vs 476M), the big news is that Perplexity will pay them $400M to add its chatbot to Snapchat. … See also Mediagazer