Reddit's First Profit, Meta's NotebookLM Competitor, and 25% of Google Code Written by AI
Discover Daily by Perplexity - A podcast by Perplexity
We're experimenting and would love to hear from you!In this episode of Discover Daily, we explore Reddit's remarkable journey to profitability, marking its first profitable quarter since going public with $348.4 million in revenue and a 47% increase in daily active users. The platform's success is bolstered by strategic AI partnerships with OpenAI and Google, transforming Reddit into a valuable data source for AI model training while creating new revenue streams through licensing deals worth ...