Reddit goes public: the latest updates on its IPO

Google is reportedly Reddit’s $60 million per year AI content licensing customer.

Charging for data access was a flash point for last year’s protests, with Reddit CEO Steve Huffman telling The Verge, “…data licensing is a new potential business for us.”

Now, with Reddit’s IPO launch close at hand, Reuters is putting a name on rumors of an AI company that’s paying Reddit for training data, in a deal that could be a model for similar arrangements, citing three sources who say the company is Google.