Home Chat Gpt Reddit reportedly signed a multi-million greenback licensing deal to coach AI fashions

Reddit reportedly signed a multi-million greenback licensing deal to coach AI fashions

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Reddit reportedly signed a multi-million greenback licensing deal to coach AI fashions

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Reddit posts may be the subsequent gasoline within the AI innovation machine, because the “entrance web page of the web” reportedly negotiated a content material licensing deal to permit its knowledge for use to coach AI fashions.

Forward of a potential $5 billion IPO debut in March, Bloomberg reported the social media platform had signed a $60 million cope with an undisclosed (however massive participant) AI firm, doubtlessly as a last-minute promote to traders that the platform has potential money-making avenues on the planet of AI.

Reddit has but to substantiate the deal.

The transfer implies that Reddit posts, from the most well-liked subreddits to the feedback of lurkers and small accounts, may construct up already-existing LLMs or present a framework for the subsequent generative AI play. It is a dicey resolution from Reddit, as customers are already at odds with the enterprise selections of the practically 20-year-old platform.

Final 12 months, following Reddit’s announcement that it will start charging for entry to its APIs, 1000’s of Reddit boards shut down in protest. Shortly after, the website itself crashed, and days later a gaggle of Reddit hackers threatened to launch beforehand stolen website knowledge until Reddit CEO Steve Huffamn reversed the API plan or paid them $4.5 million. Later, Reddit eliminated years of personal chat logs and messages from customers’ accounts, citing it was clearing knowledge from earlier than January 1, 2023, to organize a brand new chat infrastructure.

Reddit introduced different modifications, as effectively, together with a new “official” badge meant to differentiate actual accounts from impersonators and new computerized moderation options. In September, Reddit eliminated the choice to show off advert personalization, rallying much more customers towards the platform’s evolution.

This new AI deal may generate much more person ire, as debate rages on in regards to the ethics of utilizing public knowledge, artwork, and different human-created content material to coach AI.



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