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Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT -- Shares Jump
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Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT -- Shares Jump
May 16, 2024 2:50 PM

05:32 PM EDT, 05/16/2024 (MT Newswires) -- Reddit ( RDDT ) will bring its content to Microsoft ( MSFT )-backed (MSFT) OpenAI's ChatGPT, the companies said Thursday.

OpenAI will also become a Reddit ( RDDT ) advertising partner as part of the partnership.

Financial details of the deal weren't disclosed.

Reddit ( RDDT ) shares jumped nearly 11% in after-hours activity.

Price: 62.38, Change: +6.00, Percent Change: +10.64

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