Perplexity
10/10Private AI startup (stage not specified in article)Not disclosed in the article; the article reports Perplexity will pay Snap $400M in cash and equity as part of the partnership.Not stated in the article
Description
AI-powered search engine that provides conversational answers and chatbot-style search functionality.
Why in News
Perplexity signed a deal with Snap to power a new chatbot/search experience in Snapchat and will pay Snap $400 million in cash and equity as part of the agreement.
Analysis
Perplexity is an AI-powered search/chat startup and the article covers a major commercial deal — clearly an AI-related startup story.