"Reddit's $60M AI Deal with Google and IPO Plans Unveiled"

Reddit strikes a $60 million deal with Google, allowing the search giant to use its posts for training AI models and to improve services like Google Search, while also unveiling plans for an IPO. The deal will give Reddit access to Google AI models for enhancing its internal site search. Reddit's first profit in two years was reported in the October-December quarter, with plans to list its shares on the New York Stock Exchange. The data-sharing arrangement is significant for both Reddit and Google, with Google emphasizing making it easier for users to access Reddit information through its products.