Reddit's Data Licensing Revenue with AI Companies Reaches $203 Million


The AI company Articul8, incubated by Intel, quickly rose after its establishment in early 2024. Recently, it announced that the $700 million Series B financing has completed half of the target, with a pre-money valuation of $500 million, which is five times higher than the $100 million valuation after the Series A round. The round was led by Adara Ventures, with follow-on investments from Aditya Birla Ventures and others, highlighting the market's preference for vertical-specific, controllable, and audit-friendly enterprise-level AI solutions.
A fake AI-generated Reddit post accusing a food delivery platform of exploiting drivers and stealing tips gained 87,000 upvotes before being exposed as fabricated.....
Reddit CEO stated that AI chatbots are not the main source of traffic for the platform, and current traffic still relies on Google search and direct visits. This statement has cooled down the heated discussion about AI replacing traditional search, revealing the complex balance between AI collaboration and user growth for social platforms.
Reddit sues Perplexity AI and partners for illegal scraping of millions of user comments for commercial use without authorization.....
Social platform Reddit is negotiating with Google to get better terms in AI data trading. According to Bloomberg, Reddit hopes to gain more funding and support in its collaboration with Google to attract more users. This negotiation shows the complex relationship between large AI companies and content providers. When seeking new revenue sources, both sides must avoid harming the traffic and user interaction that sustain their survival. After a year and a half of reaching its first data sharing agreement with Google, Reddit's executives