In a strategic move ahead of its anticipated IPO, Reddit has reportedly inked a $60 million deal to supply data for AI training, a Bloomberg report suggests.

The partnership with a leading AI firm positions Reddit within the burgeoning AI marketplace. While the platform is poised for a $5 billion IPO launch in March, the deal's specifics, including the AI company's identity, remain undisclosed. This venture marks a pivotal stride in monetizing the ocean of user-generated content on the social platform.

Reddit's foray into the AI space could amplify its appeal to investors but has stirred unease among its community, already disgruntled by recent monetization efforts. As discussions on ethical AI usage intensify, any official confirmation by Reddit remains pending, but this potential move may further inflame the ongoing debate among users.