Reddit and Google strike a major deal!

According to recent leaks, Reddit has signed a comprehensive agreement with Google. Under this agreement, the company will provide its content for use in Google’s artificial intelligence modeling. The deal is reportedly worth approximately $60 million annually. Reddit, which was recently rumored to commercialize its content and sell it to AI companies, has now made it a reality for the first time. The company, which is set to go public soon, is striving to maximize its market value by leveraging all available resources. Here are all the details…

Collaboration between Reddit and Google!

Especially amidst fierce competition with TikTok and Meta, Reddit decided to seriously consider content sales when it couldn’t stand out in this competition. However, both companies involved in the deal have refrained from making any statements so far. The reason for this is believed to be the growing sensitivity around user data in today’s world. It’s claimed that these agreements, expected to continue, will greatly benefit the development of AI technologies. If Reddit succeeds in content sales, it’s predicted that many other internet platforms will resort to this method to generate additional revenue.

It’s speculated that Reddit, valued at a whopping $10 billion in 2021, will file for an IPO very soon. The company aims to initially sell a 10% stake and is expected to focus more on content sales. However, some question the ethics of this practice. It’s argued that the commercialization of user-generated content on a platform could lead to numerous new security issues in the future. Therefore, it’s advised that internet users think twice before sharing personal content on social media platforms.

So what do you think about this? Do you think Reddit’s move is justified? You can easily share your answers with us in the comments section below. Your opinions are highly valuable to us.