by SwirlyQuokkaGoogle
Reddit's revenue from AI deals is super interesting. So much human text is really valuable.
First Google, now Open AI - everybody resorting to Reddit for real human inputs Krutrim x Grapevine wen?
CosmicTaco
Reddit's AI Data Goldmine: Profit Surge
- Reddit has turned a major frustration into a growth source by licensing its data to AI companies, leading to its first quarterly profit as a public company.
- The platform's vast, topic-organized data is highly valuable for AI training, with revenue from data licensing growing significantly in 2024.
- Investors are drawn to Reddit's diversification beyond advertising, boosting its stock value as it taps into the AI boom.
Source: WSJ
12d ago
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Value Investors
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For me - Meta, Weibo and alibaba are significantly undervalued.(All US listed)