Reddit partners with OpenAI to enhance advertising revenue and develop new tools, potentially generating $50-60 million annually.
The financial details and training data involved in the partnership were not disclosed, unlike Reddit's previous deal with Google.
Reddit said on Friday that the FTC sent a letter to the company about its data-licensing business related to the training of AI systems.
Stay informed with news covering moves by SpaceX, tech industry updates from Microsoft, and legal battles involving Apple and Meta.
From Ubisoft joining the XPLA blockchain to Samsung's new midrange Galaxy A55, dive into the latest developments in technology.
Reddit strikes $60M deal with Google, enhancing AI and valuation prospects, while IPO plans come with first profit in two years.
Reddit files IPO, plans NYSE listing (ticker: RDDT); CEO Sam Altman holds 8.7% shares; revenue grows, but net loss persists.
Reddit has announced its plan to terminate the blockchain-based Community Points reward service on November 8th.
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