Reddit and major publishers weigh blocking Google over AI traffic decline

Reddit is currently reevaluating its data licensing agreement with Google as the search giant’s AI-generated summaries continue to siphon away referral traffic. The platform, which receives approximately $60 million annually for providing user-generated content to train Google’s AI models, is considering restricting access to its data. This potential shift in strategy has already impacted investor confidence, causing Reddit’s share price to drop by nearly 6% in pre-market trading. Source

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