Reddit's AI Edge: Analyst Boosts Target On Google, OpenAI Tailwinds
Reddit Inc RDDT benefits from GenAI, or generative artificial intelligence, in three ways, according to analyst Laura Martin.First, the San Francisco-based social media company is a "key beneficiary" of Google. The search engine now gives Reddit answers instead of links. This has led high-quality publishers to seek inclusion in Reddit's search results as a replacement for the traffic they lost from Google.Second, Reddit is leveraging GenAI to automate translations offshore, thereby building its offshore com ...