For Google, the data-sharing deal is significant as it provides access to human-generated content for training its AI models. Google praised Reddit as a repository of authentic human conversations and experiences, and aims to streamline user access to Reddit content through its products. The approach is aimed at benefiting Google's tools and enhancing user engagement on Reddit.
Key takeaways:
- Reddit has entered into a $60 billion deal with Google, allowing Google to use Reddit posts for training its AI models and enhancing services like Google Search.
- As part of the agreement, Reddit gains access to Google AI models to enhance its internal site search and other features.
- Reddit announced plans for its initial public offering (IPO) and aims to list its shares on the New York Stock Exchange under the ticker symbol RDDT.
- For Google, the data-sharing arrangement is significant as it provides access to human-generated content for training its AI models for improved conversational responses.