Snap says its $400M deal with Perplexity ‘amicably ended’

Snap no longer has a deal with Perplexity, the company revealed on Wednesday as part of its quarterly earnings report . The deal, announced last November, would have seen Perplexity’s AI search engine integrated directly into Snapchat. Perplexity was set to pay Snap $400 million in cash and equity over one year as part of the deal. …