DeepSeek’s $45B Surge, Perplexity’s Snap Split, and AI Sports Analysis | UpNext AI – May 7, 2026
DeepSeek is reportedly in talks that could value the company at roughly $45 billion in its first outside investment round—another sign that capital is rapidly flowing toward frontier AI challengers with strong reasoning performance and lower-cost training strategies. The broader signal: the market is repricing serious competitors to the biggest U.S. labs.
Meanwhile, Snap says its planned $400 million partnership with Perplexity has ended before a broader rollout. The deal would have integrated AI search directly into Snapchat, but the split highlights how difficult large-scale consumer AI…
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