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Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content (Amy Or/Bloomberg)
Feb. 16, 2024, 11:35 p.m. |
Techmeme www.techmeme.com
Amy Or / Bloomberg:
Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content — - Social media firm agrees $60 million deal with AI company — Reddit advised to seek at least $5 billion IPO valuation
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