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Yuvraj Malik. May 17, 2024 at 12:54 PM. By Yuvraj Malik. (Reuters) -Shares of Reddit rose 13% on Friday, following a partnership with artificial intelligence firm OpenAI that is expected to boost ...
Other outlets reported Reddit would raise up to $748 million at a valuation of nearly $6.5 billion. However, the company is selling 15 million shares — only a portion of that 22 million — to ...
OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said that the Reddit partnership ...
“In January 2024, we entered into certain data licensing arrangements with an aggregate contract value of $203.0 million and terms ranging from two to three years,” the prospectus reads.
The unnamed company will use Reddit posts and comments to train its AI models. ... This brings the price of the 15-inch model down to $1,150, thanks to a discount and a clippable coupon.
Martin added Reddit to Needham's "conviction list" with a Buy rating and $63 price target, noting optimism about Reddit's upside from licensing its data to train generative AI large language models.
Screengrab via CNBC. Nineteen years after its debut, Reddit is now a publicly traded company. It was listed on the New York Stock Exchange as RDDT for the first time on Thursday, with mascot Snoo ...
This Reddit user suggested Coca-Cola is using 'trickflation' to pass sky-high costs to US drinkers — here's what it means and the evidence provided ... (it's 100% free) ... Rich young Americans ...
Hobby Lobby Stores, Inc., formerly Hobby Lobby Creative Centers, is an American retail company. It owns a chain of arts and crafts stores with a volume of over $5 billion in 2018. [1] The chain has 1,001 stores in 48 U.S. states. The Green family founded Hobby Lobby to express their Christian beliefs and the chain incorporates American ...
Closed in 2023. Bed Bath & Beyond was an American big-box retail chain specializing in housewares, furniture, and specialty items. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the Fortune 500 and the Forbes Global 2000.
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