Reddit to Give OpenAI Access to Its Data in Licensing Deal
OpenAI Will Become a Reddit Advertising Partner
Reddit says it signed a deal with OpenAI to give the artificial-intelligence startup access to its data, following similar arrangements it made with Google and public-relations software firm Cision. San Francisco-based Reddit says the deal will bring its content to OpenAI’s ChatGPT chatbot and new products and that OpenAI will become a Reddit advertising partner. Further, Reddit users and moderators will gain new AI-powered features. Shares in Reddit rose 11% in after-hours trading following the company’s announcement of the deal. Financial terms weren’t disclosed.
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