Reddit users will soon start seeing AI-generated summaries at the top of their search results.
Reddit CFO Drew Vollero told investors on an earnings call on Tuesday that the company plans to test an AI-powered search results page to “summarize and recommend content,” which he said will help users explore content “more deeply” and discover new Reddit communities.
Volero explained that Reddit will use a combination of first- and third-party technology to make this feature possible, and the company plans to begin experimenting with it later this year.
Those who have been following the company's latest endeavors would have expected something like an AI-powered search feature to interest Reddit. In May, Reddit announced a partnership with OpenAI, allowing the company to use OpenAI's large-scale language models to build AI-powered features for Reddit users and moderators. The deal also gives OpenAI permission to use the social network's data; Reddit struck a similar deal with Google earlier this year.
AI was a popular topic on today's conference call. Volero also touted the success of Reddit's AI-powered language translation feature, claiming that France is one of the “fastest growing countries.” The company has also begun expanding its translation capabilities to German, Spanish, and Portuguese.
Today marks the day Reddit reports its second quarterly earnings since going public. The company reported that its weekly active users in the second quarter were 342.3 million, up 57% from a year ago. Revenue increased to $281.2 million, beating Wall Street expectations of $253.8 million.