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Reddit Signs AI Content Licensing Deal Ahead of IPO (www.bloomberg.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit Signs AI Content Licensing Deal Ahead of IPO::Reddit Inc. has signed a contract allowing a company to train its artificial intelligence models on the social media platform’s content, according to people familiar with the matter, as it nears the potential launch of its long-awaited initial public offering.

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[-] Copernican@lemmy.world 0 points 8 months ago

I understand. But I think from the get go of the announcement of closing the API's, Reddit had always discussed not wanting to be harvested by AI tech for free. The point is they saw the value of their user content, and wanted to establish a model to profit on that. This announcement is just that; they now have something in market to allow AI to be trained on it's user generated content.

this post was submitted on 17 Feb 2024

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