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NEWS / 2024 / 02 / 23 / REDDIT STRIKES $60 MILLION DEAL ALLOWING GOOGLE TO TRAIN AI MODELS ON ITS POSTS

Reddit strikes $60 million deal allowing Google to train AI models on its posts

03:06 23.02.2024

Reddit has made a groundbreaking deal with Google, allowing the tech giant to utilize posts from the popular online discussion platform to enhance its artificial intelligence models and improve products like online search. The agreement, valued at approximately $60 million, will also grant Reddit access to Google's AI models to enhance its site search and other features. This partnership comes on the heels of Reddit's announcement of its plans for an initial public offering, with the company reporting a net income of $18.5 million in the last quarter on revenue of $249.8 million.

This collaboration marks a significant milestone for Reddit, which has long relied on volunteer moderators to manage its diverse range of discussions. These moderators have previously protested against Reddit's decisions, including a recent blackout in response to the platform's plan to charge third-party apps for content access. However, the deal with Google signifies a new era for Reddit, providing the platform with valuable resources to improve user experience and content delivery.

For Google, the partnership represents a valuable opportunity to access human-generated content for training its AI systems. By leveraging Reddit's vast repository of authentic conversations and experiences, Google aims to enhance its AI models' understanding of the world and improve the accuracy of its search results. Google emphasized its commitment to making Reddit's information more accessible to users, particularly in areas like product recommendations and travel advice. Through "more content-forward displays of Reddit information," Google aims to streamline the user experience and enhance the value of both platforms.

Overall, the Reddit-Google partnership signals a new chapter for both companies, with the potential to revolutionize how AI systems are trained and how online content is accessed and consumed. The collaboration underscores the growing importance of leveraging human-generated data to enhance AI capabilities and improve user interactions in the digital landscape.

/ Friday, 23 February 2024 /

themes:  Google  AI (Artificial intelligence)

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20/05/2024    info@iqtech.top
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