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.
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Discussion (2)
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.
So OpenAI or Anthropic? Who else is a large AI company that could actually have the funds to do this?