Reddit shares surge as it strikes content deal with OpenAI
From Financial Times: 2024-05-16 18:22:11
Editor’s Digest, curated by FT Editor Roula Khalaf, is now free. OpenAI partners with Reddit for content, boosting stocks. The agreement gives OpenAI access to Reddit’s content; financial terms undisclosed. OpenAI also formed deals with various publishers this year. Some media brands have resisted, leading to lawsuits. Meta’s AI model Llama 3 charges big cloud groups for training. Reddit users upset over decision to charge third parties for data.
Read more at Financial Times: Reddit shares surge as it strikes content deal with OpenAI