The TL;DR is: Reddit sold the right to use it's content for training AI models to an undisclosed company for $60 million per year. It is implied that this company might be OpenAI, given similar...
The TL;DR is: Reddit sold the right to use it's content for training AI models to an undisclosed company for $60 million per year. It is implied that this company might be OpenAI, given similar deals that they have been pursuing. The timing of this disclosure is significant, since Reddit is in the process of going public; it will likely increase Reddit's value to investors.
Previous discussions can also be found here.
I missed that. I'll delete this post since the article I linked doesn't add anything new to the conversation.
The TL;DR is: Reddit sold the right to use it's content for training AI models to an undisclosed company for $60 million per year. It is implied that this company might be OpenAI, given similar deals that they have been pursuing. The timing of this disclosure is significant, since Reddit is in the process of going public; it will likely increase Reddit's value to investors.