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As Reddit stock falls, CEO questions value of Google's AI Overviews

1 August 2026 at 12:30

Like any company, Reddit reports quarterly earnings, and its CEO, Steve Huffman, addresses investors during those reports. It's not always about just sharing numbers, though: This quarter, Huffman took the opportunity to voice concerns and criticisms about Google's AI Overviews feature, which automatically summarizes search results on most user queries.

First, there was a letter to investors, wherein Huffman spun his narrative about Reddit's value proposition and general strategic direction amid the proliferation of AI tools.

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