CNN has filed a lawsuit against Perplexity, accusing the company of generating 'textual' copies of its articles. The lawsuit, submitted in a New York court, claims that Perplexity provides information that is behind CNN's subscription paywall.
Snap Inc. has announced the amicable termination of a $400 million deal with Perplexity, which aimed to integrate an AI-based search engine into Snapchat. This decision follows months of speculation regarding the collaboration between the two companies.
Snap Inc. reported a 4% drop in its stock following the termination of its deal with AI company Perplexity. The company also expressed concerns about the geopolitical situation in the Middle East.
Perplexity, a startup based in San Francisco, has reported a significant revenue increase of 50% due to its shift towards more complex and profitable artificial intelligence services. This change aims to strengthen the company's position in the advanced technology market.
Major tech companies Google, Meta, and Perplexity are facing a lawsuit alleging they shared millions of user conversations to boost advertising revenues. This lawsuit raises serious questions about user data handling and privacy rights.