Image for article Reddit finally takes its API war where it belongs To AI companies | Summary

News Summary

  • The Washington Post said Reddit has met with top generative AI companies about being paid for its data.
  • The Washington Post reported that Reddit is ready to play hard ball if a deal can t be reached.
  • Reddit is considering blocking search crawlers from Google and Bing which would prevent the forum from being discovered in searches and reduce the number of visitors to the site.
  • The social media firm is said to be considering an IPO this year and has been relentless lately in its pursuit to become profitable and to diversify revenue streams beyond ads.
8 with Reddit ignited a war this year. Dramatic changes in API access pricing (from free to unaffordable)was one of its most polarizing moves ever. It resulted in apps beloved by longtime Reddit [+4230 chars]

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