Invites to Perplexity's new AI-powered web browser, Comet, are one of the web's hottest commodities these days. The new product was made available first to the AI firm's $200-per-month Max subscribers and a small group of invitees. But now there's a new way to jump ahead on the waitlist. On Wednesday, PayPal announced it's giving its customers, including PayPal and Venmo users, early access to Comet as well as a free year's subscription to Perplexity Pro, normally $200 per year.
Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) plummeted 11.12% over the past month after gaining 4.23% the month prior. That brings the payment processor's year-to-date loss to 21.62%. However, the stock is up 17.66% since its 52-week low on April 8. When PayPal reported Q2 earnings on July 29, it beat on both top and bottom lines. EPS was $1.40 versus an expected $1.30, and revenue was $8.29 billion versus an expected $8.08 billion.
"Paying for a hotel has traditionally been the most fragmented part of travel-search one place, book another, pay somewhere else. With PayPal, we're collapsing all of that into a single flow embedded directly into AI-powered experiences like Perplexity."
PayPal should have removed the charge the moment you flagged it. The company promises to monitor every transaction 24/7 to prevent fraud, email phishing, and identity theft.
PayPal's new Agent Toolkit integrates its API suite with AI frameworks, enabling developers to streamline workflows like order management and invoice generation without complex setups.