Reddit Selling User Content to AI Company for $8 Billion - Laxman Baral Blog
Reddit Selling User Content to AI Company for $8 BillionReddit Selling User Content to AI Company for $8 Billion

Reddit Selling User Content to AI Company for $8 Billion Posts or comments made on the social network Reddit will be used to train the AI model. Reddit recently agreed with an AI company to sell content created by users on the platform.

According to Bloomberg, Reddit receives $60 million (about Rs. 8 billion) annually for selling its data to AI companies. The AI company that buys the content on Reddit has not been disclosed.

However, this step taken by Reddit before becoming a public company is seen with great importance. Also, it is estimated that Reddit can make similar agreements with other AI companies.

Many AI companies are currently training their models on data on the web. But it is considered illegal to do so. Therefore, large companies in this area are trying to train the model on the data they have bought. A prime example of this is OpenAI.

According to The Information, OpenAI is offering various media companies to buy their data. The New York Times has written that Apple is also trying to make the same kind of agreement.

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