Source:
CNBC TechnologyGoogle's AI summaries have reduced traffic to websites from the search results page and Reddit is reconsidering the benefits of the deal, the Journal said.
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Reddit Inc. shares fell more than 8% on Wednesday after The Wall Street Journal reported the social media company may not renew its content licensing deal with Alphabet Inc.'s Google, which allows Google to train its AI models on Reddit posts. The report said Reddit is reconsidering the deal's benefits as Google's AI summaries have reduced traffic to websites from search results.
Source:
CNBC TechnologyGoogle's AI summaries have reduced traffic to websites from the search results page and Reddit is reconsidering the benefits of the deal, the Journal said.
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