Sam Altman May Be the Biggest Winner of Reddit's IPO, with Holdings Valued at $435 Million


Reddit sues Perplexity AI and partners for illegal scraping of millions of user comments for commercial use without authorization.....
Yushu Technology advances IPO with CITIC Securities' initial guidance report, company renaming, and thorough fundraising project analysis.....
President of the UAE, Mohammed, met with Sam Altman, CEO of OpenAI, in Abu Dhabi, focusing on deepening cooperation between the two sides in the fields of artificial intelligence research and application. This move shows that the UAE is actively promoting its AI development strategy. In recent years, it has invested billions of dollars in this field, aiming to enhance its global influence in AI.
Social platform Reddit is negotiating with Google to get better terms in AI data trading. According to Bloomberg, Reddit hopes to gain more funding and support in its collaboration with Google to attract more users. This negotiation shows the complex relationship between large AI companies and content providers. When seeking new revenue sources, both sides must avoid harming the traffic and user interaction that sustain their survival. After a year and a half of reaching its first data sharing agreement with Google, Reddit's executives
In a recent interview, Bret Taylor, Chairman of the Board of OpenAI, expressed his views on the current situation in the field of artificial intelligence (AI). He believes that we are currently in an AI bubble, which is similar to the internet bubble at the end of the 1990s. In this conversation with The Verge, Taylor stated that he agrees with OpenAI's CEO Sam Altman that many investors will face challenges in the AI field.