Saturday, May 18, 2024

Reddit shares jump after OpenAI ChatGPT deal; BBC, May 17, 2024

 João da Silva, BBC; Reddit shares jump after OpenAI ChatGPT deal

"Shares in Reddit have jumped more than 10% after the firm said it had struck a partnership deal with artificial intelligence (AI) start-up OpenAI.

Under the agreement, the company behind the ChatGPT chatbot will get access to Reddit content, while it will also bring AI-powered features to the social media platform...

Meanwhile, Google announced a partnership in February which allows the technology giant to access Reddit data to train its AI models.

Both in the European Union and US, there are questions around whether it is copyright infringement to train AI tools on such content, or whether it falls under fair use and "temporary copying" exceptions."

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