Despite Plans for AI-Powered Search, Reddit's Stock Fell 14% This Week

Despite Plans for AI-Powered Search, Reddit's Stock Fell 14% This Week

"Reddit Answers" uses generative AI to answer questions using what past Reddittors have posted. Announced in December, Reddit now plans to integrate it into their search results, reports TechCrunch, with Reddit's CEO saying the idea has "incredible monetization potential." And yet Reddit's stock...

Reddit Ventures into AI-Powered Search to Enhance User Experience

Reddit, a social media giant known for its expansive community-driven platform, is testing AI-powered search results pages designed to summarize and recommend content across various Reddit communities. This initiative marks a significant step towards improving user navigation and engagement on the platform. The company has begun recruiting engineers to form a “small search team” that will develop these capabilities further. Reddit CEO Steve Huff…