Reddit's many battles: From OpenAI to its falling pre-IPO valuation

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As Reddit battles OpenAI and sees its pre-IPO valuation fall, I can't help quoting Taylor Swift: Karma's gonna track you down

. OpenAI disclosed in research that Reddit was among its massive number of sources used to train the underlying AI models.

"The Reddit corpus of data is really valuable. But we don't need to give all of that value to some of the largest companies in the world for free," said Steve Huffman, CEO of Reddit.I asked ChatGPT if it is going to pay for Reddit data. It told me its training data cut-off was September 2021 so it didn't know what was happening after that date.

A Reddit spokesman said the new fees will help the company foster a responsible developer ecosystem that keeps users and data safe."We've had a long-standing policy in our past terms that outlined commercial and non-commercial use, but unfortunately some of those agreements were not adhered to so we clarified our terms and reached out to select organizations to work with them on compliance and a paid premium access tier," the spokesman wrote in an email to Insider.

Source: News Formal (newsformal.com)

 

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