Reddit plans to test AI-generated search summaries as part of its effort to expand AI partnerships.

Reddit intends to introduce AI-generated search summaries as it expands its partnerships with tech giants.
Reddit plans to test AI-generated search summaries as part of its effort to expand AI partnerships.

Reddit is going to introduce AI-generated summaries of search results so that users can easily navigate the much content on the platform.

This was announced by the company's CEO Steve Huffman during the Q2 earnings call, in which he mentioned that the company has grown: over 342.3 million active users per week and over one billion per month with searches.

The search results will be live on Reddit, so users will get a very brief, informative overview of the topic, so that they can immediately get to the point.

"This is just another step toward improving searches for everyone," Huffman said.

The company claims that user engagement has more than doubled over the past year with growing demand from users for efficient ways to find content.

Reddit has collaborated with leading companies like Google and OpenAI in promoting its adoption of AI technologies. It agreed to an annual deal worth $60 million with Google, where the technology company would use content on Reddit to train its AI models.
For its part, OpenAI will also have access to Reddit's Data API for real-time content, a feature that is available in products like ChatGPT.

In a related development, Huffman said free data scraping on Reddit was coming to an end as a challenge for companies like Microsoft, which must now pay to access data.
According to Huffman, while posting on the platform, one has control over the data of the company of Reddit; one only to ensure that the data is appropriately used. "Without such agreements, we can't manage how our data is presented or prevent misuse," he noted.

These steps mark Reddit's intentions to utilize AI for improving user experience and secure its data assets with strategic partnerships.

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2024-10-23 07:15:21