Snap Announces Amicable End to Partnership with Perplexity
Snap has confirmed that its collaboration with Perplexity has ended amicably, as stated in its Q1 2026 investor letter. The company indicated that Perplexity will no longer contribute to its revenue guidance, which had previously included Perplexity's role in powering Snap's AI search. The letter also teased potential news about 'Specs' in June, highlighting the company's continued focus on intelligent eyewear.

Tickers: $SNAP
Topics: AI Investor Relations Snapchat Wearables