Social platform Reddit was busy building an advertising business to compete with the likes of Google and Meta when it found another way to add $US100 million to its bottom line: generative artificial intelligence.
The rise of large language models that ingest huge databases of content and respond with human-like answers – OpenAI’s ChatGPT and Google’s Gemini, for example – has been a huge boon for Reddit.
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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.