Reddit in AI Content Licensing Deal With Google
Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's AI models. Reuters: The contract with Alphabet-owned Google is worth about $60 million per year, according to one of the sources. The deal underscores how Reddit, which is preparing for a high-profile stock market launch, is seeking to generate new revenue amid fierce competition for advertising dollars from the likes of TikTok and Meta Platform's Facebook.
Read more of this story at Slashdot.