According to a report from Reuters, Alphabet (GOOG, GOOGL) has entered a deal with social media platform Reddit to license its content to train Google's AI models. The deal is valued at $60 million per year. Yahoo Finance Tech Editor Dan Howley joins the Live show to discuss the details behind the deal and what it means for both companies moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
“It’s a nice little additive they can do.”
US microchip maker Nvidia achieved the biggest one day increase in value of any company in history as investors clamour for a stake in the AI industry.