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Reddit Shares Skyrocket After First-Ever Profit
9 months ago
1
News
Politics
RedditCommunity
Redditors
Subreddit
RedditLife
Redditnews
RedditThreads
RedditStories
ProfitGoals
ProfitBoost
American social news aggregation Reddit reported a quarterly profit for the first time in its 20-year history, on Tuesday. Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. This video covers the after effect of the glorious profitability.
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