From Yahoo Finance: 2024-05-17 09:28:03

Shares of Reddit (RDDT) surged after announcing a partnership with OpenAI. OpenAI will utilize Reddit content for ChatGPT and other products, with Reddit featuring OpenAI’s models for AI features. Experts discuss the significance of this collaboration for Reddit’s future success in leveraging AI technology for growth and innovation. Investors are optimistic about the potential revenue-sharing opportunities resulting from this partnership as Reddit continues to monetize its data through generative AI applications.



Read more at Yahoo Finance: Reddit stock soars on OpenAI partnership