AI training data at $RDDT

=== SUMMARY === - Post argues Reddit (RDDT) is undervalued if it signs usage-based AI training data licensing deals with Google and OpenAI. - Author cites CEO’s comments that negotiations are “complex” as evidence a deal is highly likely. - Quality assessment: Opinion/inference with limited financial modeling; more speculative thesis than rigorous DD. === SENTIMENT === BULLISH === TRADE IDEAS === RDDT - LONG | confidence: 0.55 | sentiment: +0.7 Speaker: u/Important_Fennel4636 Thesis: 1. THE FACT: Reddit’s CEO publicly stated AI licensing negotiations are “complex,” implying active discussions with major AI firms. 2. THE BRIDGE: A usage-based licensing deal would create a recurring, high-margin revenue stream beyond ads, potentially re-rating RDDT. 3. THE VERDICT: If licensing revenue materializes, RDDT looks undervalued; market has not fully priced in this optionality. 4. RISKS: Deal may not close, terms could be weak, or Google/OpenAI could reduce reliance on Reddit data. Timeframe: medium-term Key Points: - Bullish thesis driven by AI data licensing - CEO comments suggest active deal talks - No hard financials or valuation support - Depends on deal terms and timing - High uncertainty, speculative upside No other actionable trade ideas in this post.