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Reddit reportedly signs $60million annual deal with AI company

Reddit has reportedly signed a $60 million deal to allow an artificial intelligence company access to the platform for training algorithms

Bloomberg’s insider has said the “San Francisco-based firm told prospective investors in its IPO that it had signed the deal, worth about $60 million on an annualized basis, earlier this year.” Steve Huffman, the Reddit CEO spoke about the possibility of an IPO late last year and mentioned that people attempting to use the platform to launch businesses could be a core part of the need to expand. Since 2007, Brian has continued to add to a long list of publications and institutions, most notably as Editor of the Glasgow 2014 Commonwealth Games, winning multiple awards for his writing and digital broadcasting efforts.

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