Reddit surges post-market following OpenAI partnership

May 16, 2024 | blog

Reddit: Online Communities, News Aggregation, And Content Rating

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Reddit (NYSE:RDDT) shares spiked about 12% throughout post-market buying and selling Thursday after it introduced a brand new partnership with Microsoft-backed (MSFT) OpenAI.

The partnership brings Reddit content material to ChatGPT, permitting OpenAI entry to Reddit’s Data API. OpenAI’s synthetic intelligence fashions will permit it to be taught from

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