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Amazon.com, Inc.
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Home·Deals·Technology·Snap Inc acquires Perplexity AI
SEO URLwww.firestrike.ai/deals/perplexity-ai-snap-inc-acquisition-2026
acquisitionAnnounced · May 6, 2026TechnologySource · MagazinesArticle · Factual
Perplexity AI
Snap Inc
Perplexity AI · Snap Inc

Snap Inc acquires Perplexity AI

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$400M
Target
Perplexity AI
Perplexity AI
San Francisco, California
Acquirer
Snap Inc
Snap Inc
Full Acquisition
Status
Announced

Snap Inc agreed to acquire Perplexity AI. Reported deal value: $400M. Status: Announced. Sector: Technology. Target headquarters context: San Francisco, California, United States.

This page summarizes publicly available information about the transaction as of 2026-05-06. Figures and status may change as filings and press coverage update.

Snap $ 400 million deal with Perplexity is dead By May 6, 2026 5:04 pm EST Samuel Boivin/Shutterstock Snap $ 400 million deal with Perplexity to put the AI search engine directly in Snap chat is dead

Deal timeline

Announced
May 6, 2026 · engadget.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Technology with a reported deal value of $400M. Figures and status may change as sources update.

Sources: engadget.com · Primary article · FireStrike proprietary index