"Reddit reportedly signed a multi-million content licensing deal with an AI company"
Snippets:
- Your words will soon be used to train an artificial intelligence companies' models, according to Bloomberg. The website signed a deal that's "worth about $60 million on an annualized basis" earlier this year, it reportedly told potential investors ahead of its expected initial public offering (IPO)
- Reddit could go public as soon as next month with a $5 billion valuation.