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(From left) Snap Inc. co-Founders Evan Spiegel and Bobby Murphy.

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Snap Acquires AI Factory for $166 Million

Santa Monica-based Snap Inc. paid $166 million to acquire AI Factory Inc., a San Francisco-based startup founded by Snap's director of engineering.

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Snap Reports Growth in Users, Revenue for Third Quarter

Snap Inc.’s revenue and user base continue to grow while its losses shrink.

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Snap Beats Earnings Expectations Again

Snap Inc. posted second quarter earnings today, continuing its trend of beating analyst expectations for revenue and trimming losses.

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Snap Poised for Continued Growth

Snap Inc. will report second quarter 2019 earnings July 23, and analysts and shareholders expect the company’s finances to continue improving.

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