Reddit plans to go public and invites active users to invest
Reddit has filed an S-1 statement with the Securities and Exchange Commission (SEC) detailing its finances and business goals ahead of its initial public offering (IPO) on the New York Stock Exchange under the symbol RDDT.
Reddit social network allows Google to use its content to train artificial intelligence for $60 million a year
Social platform Reddit has signed a deal with Google to make its content available for training the search giant’s artificial intelligence models. According to sources, the contract with Google (Alphabet) is worth about $60 million per year.