Reddit's stock closed down 8.32% after a report that the company was considering ending Google's access to its content for AI training; RDDT is down ~27% YTD (CJ Haddad/CNBC)
The market reaction centered on the risk that Reddit could cut off a major AI-training data customer.
Reddit shares closed down 8.32% after a report said the company was weighing whether to end Google’s access to its content for AI training. The Techmeme item also notes RDDT is down about 27% year to date. Techmeme's note
Reddit shares closed down 8.32% after a report said the company was weighing whether to end Google’s access to its content for AI training. The Techmeme item also notes RDDT is down about 27% year to date. Techmeme's note
score 6