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  1. RDDT - Reddit, Inc.

    Yahoo Finance

    54.24-2.06 (-3.66%)

    at Fri, May 31, 2024, 4:01PM EDT - U.S. markets closed

    Delayed Quote

    • Open 56.21
    • High 57.52
    • Low 53.45
    • Prev. Close 56.30
    • 52 Wk. High 74.90
    • 52 Wk. Low 37.35
    • P/E N/A
    • Mkt. Cap 8.87B
  2. Results from the Tech24 Deals Content Network
  3. Reddit stock jumps after OpenAI partnership - AOL

    www.aol.com/news/reddit-stock-jumps-openai...

    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 ...

  4. OpenAI inks deal to train AI on Reddit data | TechCrunch

    techcrunch.com/2024/05/16/openai-inks-deal-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 ...

  5. Reddit says it’s made $203M so far licensing its data

    techcrunch.com/2024/02/22/reddit-says-its-made...

    “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.

  6. Reddit stock rises after first quarterly report on higher ...

    www.aol.com/finance/reddit-stock-rises-first...

    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.

  7. Reddit prices IPO at $34 per share, the top of the range

    techcrunch.com/2024/03/20/reddit-prices-ipo-at...

    Excluding employee stock options, the 19-year old company’s valuation will start at $5.4 billion, a far cry from its last private market value of $10 billion, set in August 2021, the top of the ...

  8. Reddit reportedly signed a multi-million content licensing ...

    www.engadget.com/reddit-reportedly-signed-a...

    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.

  9. Reddit is now a publicly traded company - Engadget

    www.engadget.com/reddit-is-now-a-publicly-traded...

    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 ...

  10. The FTC is probing Reddit’s AI licensing deals - Engadget

    www.engadget.com/the-ftc-is-probing-reddits-ai...

    Reddit’s deals to license its catalog of user-generated content are a key part of the company’s strategy to grow its revenue as it gets ready to go public.On the day the company filed for IPO ...

  11. Rakuten - Wikipedia

    en.wikipedia.org/wiki/Rakuten

    Rakuten Group, Inc. (楽天グループ株式会社) ( Japanese pronunciation: [ɾakɯ̥teɴ]) is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. Centered around the online retail marketplace Rakuten Ichiba, its businesses include financial services utilizing Fintech, digital content and communications ...

  12. Reddit's planned IPO share price seems high, unless you look ...

    techcrunch.com/2024/03/11/reddit-ipo-share-price...

    Image Credits: TechCrunch. Reddit’s IPO plans are coming into focus with a new S-1 filing released Monday morning that sets an initial price range for its stock at $31 to $34 per share. If ...

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