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Christie Mu
Christie Mu

Posted on

Reddit signs content licensing deal with AI company ahead of IPO

Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform's content.

Reddit has told prospective investors that it signed the deal, worth $60 million on an annualized basis, earlier this year.

The agreement, signed with an "unnamed large AI company", could be a model for future contracts of a similar nature.

Discussion (2)

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Jeremy Beckler

Reddit is pulling out all the stops to be as “appealing” as possible to investors, while simultaneously not caring one bit about their users who got them there.

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Cherri

unnamed large AI company

So OpenAI or Anthropic? Who else is a large AI company that could actually have the funds to do this?