Reddit’s AI Data Licensing Surges | Business and Finance News

Reddit’s data licensing revenue jumped 24% to $43 million as OpenAI and Google tap into its vast user-generated content to train AI models — a growing but still small slice of the company’s $805 million quarterly revenue. While CEO Steve Huffman sees potential beyond AI training, investors should focus on Reddit’s core ad business, which remains its growth engine. Daily active users and ad revenue per user are key drivers for stock momentum, even as search traffic dips slightly. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0552e82e84c91295