What you need to know: Snap will develop new augmented reality (AR) features and experiences in collaboration with Verizon at Verizon’s 5G Labs. As an industry leader in AR, Snap Inc. is well positioned to showcase the benefits of Verizon’s 5G technology through applications like its new Landmarker tech. The partnership will include premium sponsorship placements within Snap Originals video series.Verizon and Snap will work together on exclusive distribution and co-marketing initiatives.