Reddit, Inc. (RDDT) Sees Surge Amid Legal Action Against AI Company

Reported 2 days ago

Reddit, Inc. (RDDT) experienced a 6.68% rise in share prices, closing at $118.21, after announcing a lawsuit against AI firm Anthropic for allegedly using its data to train the Claude chatbot without permission. The lawsuit aims to stop Anthropic's actions, which Reddit claims exploit its content for profit while disrespecting user privacy.

Source: YAHOO

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