LONDON: Reddit has partnered with OpenAI to bring its content to popular chatbot ChatGPT, the companies said on Thursday, sending the social media platform’s shares up 12 percent in extended trade.
The deal underscores Reddit’s attempt to diversify beyond its advertising business, and follows its recent partnership with Alphabet to make its content available for training Google’s AI models.
ChatGPT and other OpenAI products will use Reddit’s application programming interface, the means by which Reddit distributes its content, following the new partnership.
OpenAI will also become a Reddit advertising partner, the company said.
Ahead of Reddit’s March IPO, Reuters reported that Reddit struck its deal with Alphabet, worth about $60 million per year.
Investors view selling its data to train AI models as a key source of revenue beyond Reddit’s advertising business.
The social media company earlier this month reported strong revenue growth and improving profitability in the first earnings since its market debut, indicating that its Google deal and its push to grow its ads business were paying off.
Reddit’s shares rose 10.5 percent to $62.31 after the bell. As of Wednesday’s close, the stock is up nearly 12 percent since its market debut in March.
OpenAI strikes deal to bring Reddit content to ChatGPT
https://arab.news/bak3f
OpenAI strikes deal to bring Reddit content to ChatGPT
- Deal underscores Reddit’s attempt to diversify beyond its advertising business
- Content will be used to train AI models
Let’s play: Netflix ups its game with slate of new releases in major sector push
- New games initially available in English in the Middle East but the streaming giant hints at plans to expand language support and localize content
- Arab News receives exclusive preview of new games available on mobile devices and, for first time, on TVs using a phone as controller
HELSINKI: Netflix launched a new slate of video games on Thursday, marking the streaming giant’s latest push into the growing global gaming market and signaling to rivals that its ambitions extend far beyond films and TV shows.
The new titles, some of which Arab News was given the chance to preview at Netflix’s games studio in Helsinki, Finland, are available both on mobile and, for the first time, on TVs.
“Starting today, you can play games on your TV, using your phone as a controller, no setup needed — it’s as easy as streaming your favorite shows,” said Alain Tascan, president of games at Netflix.
“And for those who love to play anywhere and everywhere, we’re bringing even more games to your phone with our own special Netflix touch.”
The lineup, arriving in the run-up to the festive season, includes party games such as Boggle Party; Party Crashers: Fool Your Friends; Pictionary: Game Night; Tetris Time Warp; and Lego Party, a collection of digital mini-games.
The platform is rolling out a selection of mobile-exclusive games for younger users, including Lego Duplo World; Barbie Color Creations, and Toca Boca Hair Salon 4.
It is also debuting a Puzzled app, featuring eight daily mini-games themed around some of its streaming TV hits, including “Emily in Paris,” “Stranger Things,” and “KPop Demon Hunters,” all of which are playable on the platform’s companion website, Tudum, as well as mobile devices.
Netflix’s games division was established in 2021 and has quickly amassed a library of more than 100 exclusive mobile and cloud-based titles. The platform views the games sector as a way to extend the user experience and leverage its original intellectual properties through expansions into new formats.
Tascan has been driving Netflix’s gaming push since joining the company in July 2024 from video games company Epic Games. He stressed that the streamer is not attempting to compete with consoles but instead offer a “Netflix twist” on gaming.
With the number of video gamers worldwide estimated at more than 3 billion, and young Arabs leading regional adoption, Netflix aims to leverage the popularity of its original intellectual properties, and a wide subscriber base, to provide users with unified entertainment — films, TV series and games — through a single platform.
Access to games will continue to be included in the general subscription fee, with no additional paywall planned, Netflix said.
Though the latest batch of games are available in English at launch, Netflix has indicated that its efforts to expand language support, including Arabic options, and to localize content will continue. This approach builds on the success of the Arabic TV shows and films it offers, as demonstrated by its collaboration with MBC’s Shahid platform, which offers a joint bundle of regional TV and gaming for Arab subscribers.
Further upcoming additions to Netflix’s gaming options include a diverse lineup of global favorites including the preschool educational minigames app Paw Patrol Academy; WWE 2K25: Netflix Edition; and the classic western-themed shooter Red Dead Redemption, developed with original creator Rockstar Games.
Netflix also announced the upcoming debut of Best Guess Live, its first real-time, mobile, daily game show, offering cash prizes. The platform said it is “coming soon,” though initially it will only be available in the US.
