Reddit Reportedly Seeks New Deal With Google For AI Content
Reddit Inc. (RDDT) stock gained attention on Wednesday after a report stated that the company is holding preliminary discussions with Alphabet Inc. (GOOG, GOOGL) regarding a content licensing agreement.
According to a Bloomberg report, over a year and a half after the company's first data‐licensing contract with Google, reportedly worth $60 million, Reddit now seeks agreements that include participation in future AI training and search features.
Reddit stock inched 0.4% lower on Wednesday afternoon and became the second-most trending ticker on Stocktwits.
Get updates to this developing story directly on Stocktwits.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Chicago Clearing Corporation And Taxtec Announce Strategic Partnership
- Everstake Expands Institutional Solana Services With Shredstream, Swqos, And Validator-As-A-Service
- Japan Smart Cities Market Size Is Expected To Reach USD 286.6 Billion By 2033 CAGR: 14.6%
- Alchemy Markets Launches Tradingview Integration For Direct Chart-Based Trading
- Blackrock Becomes The Second-Largest Shareholder Of Freedom Holding Corp.
- Pluscapital Advisor Empowers Traders To Master Global Markets Around The Clock
Comments
No comment