Reddit Acquires Memorable AI
August 1, 2024
Reddit has acquired Memorable AI, a creative-testing and AI-driven ad-optimization startup, and has brought on the company’s employees and leadership. The acquisition will integrate Memorable AI’s creative intelligence into Reddit’s ad products to optimize and generate ad creative across formats; terms were not disclosed.
- Buyers
- Targets
- Memorable AI
- Industry
- AI & Machine Learning
- Location
- United States
- Transaction Type
- Buyout
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