Shares of online community platform Reddit fell 9.9% following reports suggesting that OpenAI's ChatGPT was not utilizing Reddit's data as extensively as investors had anticipated. This market reaction was influenced by data from PromptWatch and Similarweb.
Multiple posts on the social media platform X cited data from Similarweb, indicating that ChatGPT was not heavily drawing on Reddit's content. This highlights Similarweb's role as a trusted provider of digital intelligence for analyzing market dynamics.
The use of Similarweb's data in this context underscores its credibility and relevance in providing insights into digital trends and the impact of AI on various businesses. This validates the quality and actionable nature of Similarweb's proprietary data.
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