Reddit And Google Team Up In $60 Million Deal To Train Search Giant's AI Models: Report
Portfolio Pulse from Benzinga Neuro
Google (NASDAQ:GOOGL) has entered into a $60 million annual deal with Reddit to use the social media platform's content to train its AI models. This agreement is part of Google's efforts to enhance its AI capabilities and comes as Reddit prepares for its IPO, aiming to diversify its revenue sources. The deal is significant amid Google's AI advancements and challenges, including criticism of its Gemini chatbot's performance.
February 22, 2024 | 8:54 am
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Google's $60 million deal with Reddit to train AI models could bolster its AI capabilities, despite facing criticism for its Gemini chatbot.
The deal with Reddit is a strategic move for Google to improve its AI technology, which is crucial for maintaining its competitive edge in the tech industry. Despite the criticism of its Gemini chatbot, this partnership could provide Google with valuable data to refine its AI models, potentially leading to improvements in its AI offerings. This development is likely to be viewed positively by investors, given the growing importance of AI technology in driving innovation and revenue.
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