AI Summaries on Reddit
At the Q2 investors call, Reddit CEO Steve Huffman revealed that the platform will quickly begin testing search end result pages powered by AI. It will leverage the expertise to supply summaries of the content material searched by the consumer and likewise present suggestions. The firm official additionally highlighted the platform’s search prowess, claiming its customers run over 1 billion search queries a month.
Huffman additionally acclaimed Reddit’s AI-powered translation function, citing France as one of many “quickest rising international locations” utilizing it. Additionally, the machine translation help will quickly be rolled out for German, Spanish and Portuguese languages, he confirmed.
This transfer comes per week after Reddit introduced the acquisition of Memorable AI – a startup which leverages generative AI to assist advertisers construct higher and extra partaking advertisements. It helps them discover the textual content, pictures and movies which might show to be best in enhancing advertisements.
In current months, the social media web site has additionally cast partnerships with expertise giants comparable to Google and OpenAI for leveraging AI applied sciences and constructing new options for Reddit customers. Its cope with Google, reported to be about $60 million (roughly Rs. 500 crore) a yr, permits the search engine to make use of Reddit’s content material for coaching its AI fashions.
Meanwhile, OpenAI now has entry to the platform’s Data API for sourcing real-time content material for ChatGPT and different merchandise. In flip, Reddit will be capable of leverage OpenAI’s massive language fashions (LLMs) to construct AI options for its platform.