Just had a look at Reddit TOS, and it has been updated on the 15th of Feb. The below is their term regarding content submitted on their platform.

When Your Content is created with or submitted to the Services, you grant us a worldwide, royalty-free, perpetual, irrevocable, non-exclusive, transferable, and sublicensable license to use, copy, modify, adapt, prepare derivative works of, distribute, store, perform, and display Your Content and any name, username, voice, or likeness provided in connection with Your Content in all media formats and channels now known or later developed anywhere in the world. This license includes the right for us to make Your Content available for syndication, broadcast, distribution, or publication by other companies, organizations, or individuals who partner with Reddit. You also agree that we may remove metadata associated with Your Content, and you irrevocably waive any claims and assertions of moral rights or attribution with respect to Your Content.

Pretty much owning your content I say.

I really need to get around to wiping my old content from Reddit. Much like Facebook, I just ignored it when I was done with the platform.

SAN FRANCISCO, Feb 21 (Reuters) - Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's artificial intelligence models, three people familiar with the matter said.

The contract with Alphabet-owned Google is worth about $60 million per year, according to one of the sources.

The deal underscores how Reddit, which is preparing for a high-profile stock market launch, is seeking to generate new revenue amid fierce competition for advertising dollars from the likes of TikTok and Meta Platform's Facebook.

The sources were not authorized to speak to media and declined to be identified.

Reddit and Google declined to comment. Bloomberg previously reported Reddit's content deal without naming the buyer.

Last year, Reddit said it would charge companies for access to its application programming interface (API) - the means by which it distributes its content. The agreement with Google is its first reported deal with a big AI company.

San Francisco-based Reddit, which has been looking at a stock float for more than three years, is preparing to make its initial public offering filing this week, which would detail its financials for the first time to potential IPO investors. The filing could be available as early as Thursday, two of the sources said.

The company, which was valued at about $10 billion in a funding round in 2021, is seeking to sell about 10% of its shares in the offering, Reuters has previously reported.

Reddit's stock market launch would mark the first IPO of a major social media company since Pinterest floated its shares in 2019.

Makers of AI models have been busy clinching deals with content owners in recent months, aiming to diversify their training data beyond large scrapes of the internet. That practice is rife with potential copyright issues as many content creators have alleged that their content was used without permission.

Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit is known for its manifold niche discussion groups, some of which boast tens of millions of members.

Reporting by Anna Tong in San Francisco, Echo Wang in New York and Martin Coulter in London; Additional reporting by Jeffrey Dastin; Editing by Anirban Sen, Krystal Hu and Edwina Gibbs

I wonder how they go about licensing content people have shared from others without their consent?

Damn pirates

Content aside, it's odd to see a title with 'Exclusive' on a platform freely federating things between a bunch of independent nodes.

https://neuters.de/technology/reddit-ai-content-licensing-deal-with-google-sources-say-2024-02-22/