Data deals: Week 18, 2026 (27 Apr to 3 May)
3 deals announced this week. ✓ Reviewed: read and analysed by Gianluca. Others are short summaries of the public record.
- 2026-04-30 · Reddit · Google · OpenAI
Reddit's capital-light data model: $1M capex against $300M+ cash flow demonstrates non-consumption and non-rivalry✓
Reddit's Q1 2026 report (30 April 2026) posted $663M revenue, $204M net income and $300M+ cash flow against just $1M capex, with 'other revenue' including data licensing at $39M, up 15% YoY. Google and OpenAI are the two biggest licensing partners, paying fixed fees while their models keep whatever they extract from the threaded corpus.
- 2026-04-27 · Swiggy · Amazon Web Services
Swiggy to launch Builders Club, opening 3 MCP servers and 18+ API tools to external developers on AWS
On April 27, 2026, Swiggy announced Swiggy Builders Club, an invite-led programme giving approved developers, startups and enterprises access to 3 MCP servers and 18+ API tools across Swiggy Food, Instamart and Dineout. The programme runs on Amazon Bedrock, AWS Trainium and Amazon Bedrock AgentCore.
- 2026-04-27 (reported) · Customers Bank · OpenAI
Customers Bank signs OpenAI deal to automate lending, deposits and payments using its own operational data✓
Customers Bank, a $25.9 billion regional lender, signed a multiyear partnership with OpenAI in April 2026 to automate lending, deposits and payments, targeting an efficiency ratio move from about 49% to the low 40s. A co-development clause lets the pair build tools OpenAI could sell to other banks, handing a regulated-finance training corpus across the table in exchange for tool access.