Reddit made a million dollar deal
According to Bloomberg sources Reddithas made a long-term agreement worth $60 million annually with a company that wants to use its content to train its artificial intelligence engine. This unnamed company will have a significant advantage with its numerous user content.
It is stated that the agreement will create a model for other artificial intelligence companies and that agreements may be made with more companies in the future. Reddit will be listed on the stock market in the coming months with a valuation of $ 5 billion. These types of AI deals can multiply Reddit’s value, as we saw in the Nvidia example.
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Source link: https://www.donanimhaber.com/reddit-yapay-zek-trendini-kacirmadi–174292