00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Reddit is gaining visibility through Google AI's overviews,
00:05with SEMrush data showing it as the second most cited source behind Cura.
00:09This search files a $60 million licensing deal that allows Google to train its AI
00:13on Reddit content, according to Benzinga.
00:16SEMrush said Cura and Reddit are valuable sources for AI
00:19because users address niche questions not commonly answered elsewhere.
00:23Reddit's increase in web traffic is mainly due to logged out users
00:26arriving via Google search who don't sign in or stay on the site.
00:29This is Insider reported.
00:31Redbird analysts noted that these users have limited value
00:33because they visit only briefly to find specific answers.
00:36Redbird is under pressure to grow ad revenue
00:38and prove long-term profitability following its IPO in 2023.
00:42Shares have declined 28.77% year-to-date,
00:46but have surged 95.82% over the past 12 months, according to Benzinga ProData.
00:51For all things money, visit Benzinga.com.
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