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Reddit users will soon see AI - bring forth sum-up at the top of search results .
Reddit atomic number 27 - founding father and CEO Steve Huffman told investors during its earnings call on Tuesday that the ship’s company plans to test AI - power hunt termination Thomas Nelson Page to “ summarize and recommend content . ” He noted this will help users “ dive mystifying ” into content and describe young Reddit communities .
Reddit will use a combination of first - party and third - party engineering to power the feature , Huffman explained . The company will set out the experimentation later this year .
Those who have been following the company ’s late initiative likely expected something like an AI - powered search lineament to be on Reddit ’s radar . In May , Redditannouncedits partnership with OpenAI , enabling the ship’s company to leverage OpenAI ’s large voice communication exemplar and construct AI - power features for Redditors and mod . The deal also gives OpenAI permission to use the societal electronic internet ’s data . Reddit signed a standardised concord withGoogleearlier this year .
AI was a common topic in today ’s call . Huffman also touted the success of Reddit’sAI - powered language translation feature article , reporting that France is one of its “ riotous develop countries , ” he take . The company is also beginning to exposit the translation feature to German , Spanish and Portuguese .
Today strike out the 2nd time Redditreportedits quarterly earnings since becoming apublic company . For the 2nd quarter , the company reported 342.3 million weekly active users , a 57 % parachuting from the year prior . Revenue increased to $ 281.2 million , higher than Wall Street estimates of $ 253.8 million .
Updated 8/6/24 at 8:10 promethium ET to rectify the verbaliser of the citation as being Reddit ’s CEO Steve Huffman , not Drew Vollero ( CFO ) .
