Reddit (NYSE: RDDT) is reportedly considering not renewing its licensing deal with Alphabet (NASDAQ: GOOGL), which currently allows Google to train its artificial intelligence (AI) models on Reddit's content. The social media company believes the existing $60 million per year agreement, established in 2024, may not adequately compensate for the long-term risk of declining traffic as users increasingly rely on AI chatbots for information, potentially bypassing Reddit's forums.