tl;dr
This article highlights Reddit's recent content licensing deal with Alphabet's Google, which allows access to its content to train the search giant's AI models. The contract is reportedly worth around $60M per year and is Reddit's first reported deal with a major AI firm. This move by Reddit is part...
This article highlights Reddit's recent content licensing deal with Alphabet's Google, which allows access to its content to train the search giant's AI models. The contract is reportedly worth around $60M per year and is Reddit's first reported deal with a major AI firm. This move by Reddit is part of a broader trend of companies partnering with content owners to diversify training data for their AI models. However, it also raises potential copyright issues as content creators argue that their content is being used without permission.
Furthermore, Reddit is preparing to file for an initial public offering this week, aiming to sell about 10% of its shares, with reports suggesting that it could take place as early as Thursday. In addition to selling shares to the public, Reddit is also planning to sell some shares to its loyal users, showcasing the company's forward-looking approach ahead of its IPO.
More about Alphabet Inc Class C
Alphabet Inc. Class C is a multinational conglomerate in the technology sector, with a market cap of $1.76 trillion and a stock price of $24.52. The stock has shown a 5.8% increase in the last period, closing at $24.34. Market sentiment appears bullish with a positive RSI of 0.56, indicating potential upward momentum. However, caution is advised as the stock is currently trading near its resistance level, and potential risks or uncertainties may impact future performance.
More about Alphabet Inc Class A
Alphabet Inc. Class A is a multinational conglomerate with a focus on technology and computer programming services. The company has a market cap of $1.76 trillion and a current stock price of $24.33. The stock has shown a minimal change of 0.24% and a trading volume of 307,393,987 shares. The Relative Strength Index (RSI) is at 162.06, indicating potential overbought conditions. The stock has a bullish trend with a resistance level at $24.34. However, past performance may not necessarily predict future results, and there are potential risks associated with the current market sentiment.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company with a market capitalization of $299.29 billion. The stock is currently trading at $36.48, with a 52-week range of $2.86 to $11.04. The company's price-to-earnings ratio is 30.61, indicating a relatively high valuation. With a dividend yield of 0.363, Microsoft has a market sentiment that is generally positive. However, the stock has a beta of 0.332, suggesting a lower volatility compared to the overall market. As a leading player in the technology industry, Microsoft is a key player in the information technology sector, along with Google, Apple, Amazon, and Facebook. It is important to consider potential risks and uncertainties associated with investing in Microsoft, as past market behavior is not always a reliable indicator of future performance.
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