Reddit Content Can Train AI (same for FORA)"Reddit’s large library of user posts are a valuable resource for companies developing generative AI models, Jefferies said. The company has established about $325 million in contract licensing revenue over the next three years, led by deals with Alphabet's (GOOGL) Google and OpenAI.
Going forward, the firm suggested that partnerships with companies such as Amazon (AMZN) and Anthropic could be in the cards, which would mean more high-margin revenue streams."
This is the case for Verticalscopes platform/businesses. They can attract the same customers for the Canadian market on a smaller scale.
Verticalscope is 1/10 the market cap and sales of Reddit, which is on par with the population metrics.
If we assume 10% of Reddits contracted revenue, FORA could tap $30m in new revenue.
A lot of upside but done know when exactly