Google Secures $60M Deal for Real-Time Access to Reddit Data

This is the best summary I could come up with:

In an update on Thursday, Reddit announced it will start providing Google “more efficient ways to train models.”

The partnership will give Reddit access to Vertex AI as well, Google’s AI-powered service that’s supposed to help companies improve their search results.

Just last week, a report from Bloomberg said Reddit struck a $60 million training deal with an unnamed AI company.

Google Search is currently expanding the test of a “forums” filter that lets you browse through results from sites with human discussion, like Reddit, Stack Overflow, and Hacker News.

Reddit previously threatened to block Google from crawling its site over concerns that companies would use its data for free to train AI models.

Reddit is also poised to announce its initial public offering within the coming weeks, and it’s likely making this change as part of its effort to boost its valuation, which sat at more than $10 billion in 2021.

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