February 22, 2024Business Desk

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 its AI models

Source: Unsplash

The contract with Alphabet-owned Google is worth about $60 million per year.

Source: Google

The deal underscores how Reddit is seeking to generate new revenue amid fierce competition for advertising dollars from Tik Tok, and Meta.

Source: YouTube Screengrab

Simultaneously, Reddit, which is preparing for a high-profile stock market launch

Source: YouTube Screengrab