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Snap says its relationship with Perplexity ended ‘amicably.’ | The Verge

In its Q1 2026 investor letter, it advised analysts not to expect any contribution from Perplexity in its revenue guidance. The latter was supposed to have powered Snap’s AI search, but alas. The letter also hinted at more Specs news in June, because “intelligent eyewear” is still very much on the company’s agenda. [Link: Investor Letter Q1 2026 | https://s25.q4cdn.com/442043304/files/doc_financials/2026/q1/Snap-Inc-Q1-2026-Investor-Letter.pdf | s25.q4cdn.com]

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