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Reddit introduces AI chatbot to select users

Reddit has launched a test of an AI-powered chatbot called Reddit Answers, designed to improve user interactions and content discovery.

The feature is currently available to a select number of users in the United States, with plans to expand to more languages and regions.

The chatbot employs AI models from Reddit, OpenAI, and Google.

Recent Reddit developments

Timeline
04-Nov-2024 📈 Reddit user base, profit soar as valuation hits $18.74b
  • Reddit’s user base grows 47% to 97.2M daily users.
  • Stock jumps 40%, valuation reaches $18.74B post-IPO.
30-Oct-2024 📈 Reddit stock jumps 22% on strong Q3 earnings
  • Reddit stock jumps 22%, hits $100+ after hours
  • Earnings beat forecasts with $348.4M revenue reported
25-Jun-2024 🚀 Reddit’s IPO signals thawing tech winter, but listing game has changed
  • Reddit IPO sparks optimism in public markets.
  • Stock price jumps nearly 100% since debut.
22-Mar-2024 🤖 Reddit co-founder’s VC firm eyes Japan for AI chip investments
  • Ohanian’s fund targets AI chip startups in Japan
  • US-Japan relations expected to deepen in tech sector
12-Dec-2022 🌏 Reddit names ex-Coinbase exec as APAC vice president
  • Reddit appoints Durgesh Kaushik as VP for APAC.
  • Kaushik aims to grow user base and expand globally.
01-Mar-2021 🚀 Reddit’s founder, others pour $17.5m in final close of fund for Pakistani startups

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