Reddit partners with OpenAI, ChatGPT gains access to Reddit content, shares rise over 10%.
From BBC: 2024-05-16 22:18:33
Shares in Reddit surged over 10% following a partnership with AI firm OpenAI allowing access to Reddit content for AI features. This move diversifies Reddit’s revenue stream away from advertising. Legal challenges over AI use of copyrighted material are rising, prompting alliances with AI firms like OpenAI, Google, and Microsoft. The new AI model, GPT-4o, offers improved capabilities such as image reading, language translation, emotion identification, and memory.
Read more at BBC: Reddit-OpenAI deal: ChatGPT gets access to social media platform