Welcome to the Tech Meme Right Home for Friday, May 17th, 2024. I'm Brian McCullough today.

As telegraphed for the last year, Reddit is going all in on being an all you can eat buffet for AI companies.

Will new batteries give iPhones longer battery life like I want or will they just make the

phones thinner again?

A subtle but important improvement to chat gee

and in the long reads a deep dive into what happened at Cruz.

Here's what you missed today in the world of tech.

Open AI and Reddit are partnering to bring Reddit content to ChatGPT via

Reddit's Data API. This deal also brings new AI tools to Reddit and makes Open AI a Reddit ad partner, quoting Reuters.

The deal underscores Reddit's attempt to diversify beyond its advertising business and

follows its recent partnership with Alphabet to make its content available

for training Google's AI models.

Ahead of Reddit's March IPO, Reuters reported that Reddit struck its deal with Alphabet

worth about $60 dollars per year.

Investors view selling its data to train AI models as a key source of revenue beyond

Reddit's advertising business.

The social media company earlier this month reported strong revenue growth and

improving profitability in the first earnings since its market debut

indicating that its Google Deal and its push to grow its ads business were paying

off.

Reddit shares rose 10.5% to $62.31 after the bell.

As of Wednesdays closed, the stock is up nearly 12% since its market debut in March, end quote.

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