Shares of Reddit (RDDT -1.50%) were on a tear last month, as the stock benefited from the broader gains in the stock market, the company released a new Community Intelligence product that impressed the market, and other positive news around artificial intelligence (AI) helped lift the stock.According to data from S&P Global Market Intelligence, the stock finished the month up 34%.As you can see from the chart, most of the stock's gains came in the middle of the month, though it also benefited from a late su ...

Shares of Reddit (RDDT 5.57%) were moving higher this week after the company launched two new AI-powered advertising tools and benefited from some positive analyst commentary on the stock.According to data from S&P Global Market Intelligence, the stock was up 19.4% for the week as of Wednesday's close. Reddit gets a tailwindAt the Cannes Lions festival, Reddit announced Reddit Community Intelligence, a new tool that can power insights for advertisers from more than 22 million posts on Reddit.As part of the ...

ToplineGoogle AI Overview and AI Mode could further slash online media revenue. Will Reddit capitalize on its user-generated content to defy this trend?The Google AI logo appears on a smartphone screen in this illustration photo in Reno, United States, ... More on December 18, 2024. (Photo Illustration by Jaque Silva/NurPhoto via Getty Images)NurPhoto via Getty Images Key FactsAI chatbots are replacing Google search which devastates some online publishers’ traffic. Publishers are cutting staff and are stru ...

Group 1 - Amazon's CEO Andy Jassy stated that the introduction of generative AI tools will lead to a significant reduction in the number of employees needed for certain jobs, indicating a shift in workforce requirements [1] - The company anticipates a decrease in total corporate employee numbers in the coming years due to efficiency gains from AI [1] Group 2 - Elon Musk's xAI is reportedly burning through $1 billion per month to develop advanced AI models, with revenues remaining limited, leading to a significant funding gap [2] - xAI is seeking to raise $9.3 billion through debt and equity financing, including a new $4.3 billion equity financing plan and $5 billion in debt financing with Morgan Stanley's assistance [2] Group 3 - Reddit's stock price surged over 15% following the announcement of new AI advertising tools, including "Reddit Insights" for real-time trend analysis and a "conversation summary plugin" for showcasing positive user content [3] - These tools are powered by the "Reddit Community Intelligence Engine," which converts posts and comments into structured insights [3] Group 4 - Coinbase is seeking approval from the SEC to launch a "tokenized equities" service, which would allow investors to hold digital assets representing ownership in publicly traded stocks [4] - Approval would enable Coinbase to offer stock trading services via blockchain technology, reflecting ongoing innovation in the cryptocurrency space [4] Group 5 - SoftBank raised approximately $4.8 billion by selling shares in T-Mobile, which will fund its ambitious AI initiatives [5] - The company plans to invest up to $30 billion in OpenAI and collaborate on infrastructure investments amounting to hundreds of billions globally [5]

1. 【MiniMax开源首个推理模型M1】6月17日消息，Minimax正式开源推理模型M1，采用 Lightning Attention机制的混合注意力架构。M1支持目前业内最高100万token上下文输入，同时支 持最多8万token输出。成本表现方面，M1在用8万Token深度推理的时候，需要使用DeepSeek R1 约30%的算力。团队表示，M1整个强化学习阶段只用到512块H800三周时间，租赁成本为53.74万 美金。（界面新闻） 2. 【阿里巴巴发布升级版Qwen3，全系适配苹果MLX架构】6月17日消息，据报道，通义千问周一 推出基于苹果MLX框架深度优化的全部Qwen3系列模型。团队将一次性全部开源32款官方Qwen3 MLX模型，从而实现这些模型在iPhone、iPad，以及Mac电脑上的轻松部署，做到全场景覆盖。 （财联社） 3.【Scale AI投资方Accel将因Meta交易斩获25亿美元巨额回报】在Meta Platforms Inc.对人工智 能初创企业Scale AI注资143亿美元的重磅交易落幕后，多家风投机构将因早期押注该公司而迎来丰 厚回报。最大赢家当属硅谷历史最悠久 ...