Shares in the social media platform Reddit rose 35% yesterday after it reported the first profit in its 20-year history as it reaped the benefits of a move to license the content of its online communities to artificial intelligence firms as training data.
The results covering the July to September quarter showed a better-than-forecast $29.9m (£23m) profit, while revenue reached $348.4m - up 68% compared with the same period a year earlier.
Bu hikaye The Guardian dergisinin October 31, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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