Reddit signs lucrative AI content licensing deal in anticipation of IPO

Sources familiar with the matter told Bloomberg that Reddit has been sharing the news with prospective investors ahead of its IPO. The deal is said to be worth around $60 million per year. The identity of the AI company that partnered with Reddit wasn't mentioned, nor do we know how...Read Entire Article

Feb 20, 2024 - 12:50
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Reddit signs lucrative AI content licensing deal in anticipation of IPO

Sources familiar with the matter told Bloomberg that Reddit has been sharing the news with prospective investors ahead of its IPO. The deal is said to be worth around $60 million per year. The identity of the AI company that partnered with Reddit wasn't mentioned, nor do we know how...

Read Entire Article

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