Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
Reddit knows that it has valuable data from actual people — it’s already reached deals with big AI companies like OpenAI and Google to share its data with them. But Reddit is also investing in improving its own search capabilities, and in its latest note to investors, CEO Steve Huffman says that the company is […]
Reddit users in the UK will have to upload their ID or a selfie to access potentially harmful content.
Reddit users in the United Kingdom will now be blocked from accessing “certain mature content” unless they complete the platform’s new age verification process. Reddit announced on Monday that UK users will need to upload a selfie or a photo of their government ID in order to view content that’s restricted for under-18s by the […]
Reddit has become known as the place to go for unfiltered answers from real, human users. But as the site celebrates its 20th anniversary this week, the company is increasingly thinking about how it can augment that human work with AI. The initial rollout of AI tools, like Reddit Answers, is “going really well,” CTO […]
Reddit is launching a new feature for advertisers that slots positive posts from Reddit users right under their ads. The new alpha feature, called Conversation Summary Add-ons, “dynamically integrates positive content from Reddit users directly below an advertiser’s creative, putting community conversations front-and-center in the user experience and blending AI-driven efficiency with real human perspectives,” […]
Reddit is introducing some new features for comments, including the ability to share comments as posts, a comment insights tool to track things like upvotes and views, and comment drafts, according to a post from the Reddit product team. The features are rolling out today on Reddit’s native apps and on the web, and the […]
Reddit’s first-ever chief product officer, Pali Bhat, is leaving the company in “the coming months,” spokesperson Tim Rathschmidt confirmed to The Verge. Bhat, a former Google executive, joined Reddit in October 2021. “His tenure was about as clear pre / post test as we could run,” CEO Steve Huffman said in an internal message about […]
Reddit has a new privacy feature that gives users more control over the content that appears on their user profiles. The update announced by Reddit on Tuesday now allows users to selectively hide posts and comments from subreddits they participate in instead of having all their activities exposed to anyone who clicks on their profiles. […]