TechCrunch

Snap is introducing an AI video-generation tool for creators

At its annual Snap Partner Summit on Tuesday, Snapchat announced that it’s introducing a new AI video-generation tool for creators. The tool will allow select creators to generate AI videos from text ...
TechCrunch

Snap introduces AI Video Lenses powered by its in-house generative model

Snapchat is introducing its first-ever video generative AI Lenses, the company told TechCrunch exclusively. The Lenses are powered by Snap’s in-house-built generative video model. The three new AI ...
Seeking Alpha

Snap Inc.: AI-Driven Margin Expansion Sets The Stage For A Medium-Term Re-Rating

Snap Inc. is at an inflection point, leveraging AI-driven efficiency and launching Specs AR glasses to unlock profitability and growth. SNAP trades at just 1.53x trailing revenue, a deep discount to ...
The Next Web

Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.

Snap’s Q1 revenue grew 12 per cent to 1.53 billion dollars but the stock fell four per cent after the company disclosed that the Iran war cost it 20 to 25 million dollars in advertising revenue in ...
CNBC

Snap stock jumps 9% after announcing Perplexity AI deal, reporting strong revenue

Snap jumped 9% Thursday after announcing a $400 million deal with Perplexity AI. Perplexity will integrate its AI-powered search engine directly into the Snapchat app. The company reported solid third ...
Forbes

Snap Shares Surge 16% In Premarket After Perplexity AI Deal And Stock Buyback Announcements

Snap shares rose sharply in premarket trading early on Thursday after the company announced a $400 million deal with AI firm Perplexity and a $500 million stock buyback program, after releasing its ...