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Published 1 month ago

FTC probing Reddit plan to let AI firms use user-generated content to train software

  • Reddit disclosed an FTC inquiry into its sharing of user-generated content with third parties for AI training.
  • The platform aims to diversify revenue through data licensing, with a $60 million yearly deal with Google for AI training.
  • Reddit is nearing a $6.4 billion IPO valuation, driven by growing revenue and strategic partnerships for AI training.
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