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nike air max97 ith $804.0 million in 2023 revenue, and still unprofitable with net losses of more than $90 million last year , Reddit may appear to be trading on the high
jordan end of its revenue multiple compared to the nearest comparable social media companies like Snap. But it has a significant AI story to tell that could excite investors about its future. Reddit sold $203 million worth of contracts to AI companies for access to its data earlier this year. And Reddit is a treasure trove of exactly the kind of training data that always-hungry, large language model AI companies need, which bodes well for this to become a serious growth part of its future business.It worth noting that the
nike jordan FTC has opened an inquiry into Reddit plan to license its user data to train AI models. If investor interest is sparked due to the company AI strategy, it will be interesting to see how the stock continues to perform as that probe continues to unfold.聽Another win for techReddit s strong IPO debut Wyzq Meta brings us a step closer to AI-generated movies
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