Q2 Report: Reddit Adds Users, Narrows Losses, Preps for AI

Reddit will soon add AI-generated summaries atop its search results, co-founder and CEO Steve Huffman told investors on a Q2 earnings call last week. The company will later this year begin testing AI-powered search result pages that “summarize and recommend content,” said Huffman, who expects the technology will help Reddit users “dive deeper” into content and aid in discovery. Huffman mused monetization strategies, including boosting ad inventory and possibly installing a paywall to differentiate premium content. The discussions accompanied news that Reddit lost $10.1 million in Q2, which saw revenues of $281 million, a 54 percent increase year-over-year. Continue reading Q2 Report: Reddit Adds Users, Narrows Losses, Preps for AI

Microsoft Testing Bing Generative Search for User Feedback

Microsoft has begun the release of Bing generative search, making it available for “a small percentage of user queries.” The company says it will solicit user feedback and undertake further testing prior to a broader rollout. Google began dabbling in what it called the Search Generative Experience last summer, then upped the ante by adding a search-optimized version of its Gemini model this spring. The journey was not without controversy, something Microsoft will surely try to avoid. Microsoft says its new AI-driven search functionality “combines the foundation of Bing’s search results with the power of large and small language models (LLMs and SLMs).” Continue reading Microsoft Testing Bing Generative Search for User Feedback