{"id":27523,"date":"2024-02-17T23:53:07","date_gmt":"2024-02-17T18:23:07","guid":{"rendered":"https:\/\/farratanews.online\/reddit-has-a-new-ai-training-deal-to-sell-user-content\/"},"modified":"2024-02-17T23:53:07","modified_gmt":"2024-02-17T18:23:07","slug":"reddit-has-a-new-ai-training-deal-to-sell-user-content","status":"publish","type":"post","link":"https:\/\/farratanews.online\/reddit-has-a-new-ai-training-deal-to-sell-user-content\/","title":{"rendered":"Reddit has a new AI training deal to sell user content"},"content":{"rendered":"

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Reddit will let \u201can unnamed large AI company\u201d have access to its user-generated content platform in a new licensing deal, according to Bloomberg<\/em> yesterday. The deal, \u201cworth about $60 million on an annualized basis,\u201d the outlet writes, could still change as the company\u2019s plans to go public are still in the works.<\/p>\n<\/div>\n

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Whether or not that\u2019s true \u2014 after all, one of the best ways to get around SEO spam in search results is to add the word \u201cReddit\u201d to your search query \u2014\u00a0Reddit has shown that it\u2019s willing to play hardball before. Last year, it successfully stonewalled its way out of the biggest protest in its history after changes to its third-party API access pricing caused developers of the most popular Reddit apps to shut down. <\/p>\n<\/div>\n

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As Bloomberg<\/em> writes, Reddit\u2019s year-over-year revenue was up by 20 percent by the end of 2023, but it was still $200 million shy of a $1 billion target it had set two years prior. The company was reportedly advised to seek a $5 billion valuation when it opens up for public investment, which is expected to happen in March. That\u2019s half the $10\u2013$15 billion it might have achieved the last time it filed to go public in 2021, before a market downturn held it back. <\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"

[ad_1] Reddit will let \u201can unnamed large AI company\u201d have access to its user-generated content platform in a new licensing deal, according to Bloomberg yesterday. The deal, \u201cworth about $60 million on an annualized basis,\u201d the outlet writes, could still change as the company\u2019s plans to go public are still in the works. Whether or …<\/p>\n","protected":false},"author":1,"featured_media":27524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/27523"}],"collection":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/comments?post=27523"}],"version-history":[{"count":0,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/27523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media\/27524"}],"wp:attachment":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media?parent=27523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/categories?post=27523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/tags?post=27523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}